BUSINESS
05/11/2009 05:12 am ET Updated May 25, 2011

Larry Summers: Greedy And Highly Compromised

So I guess that $45,000 speaking fee from Merrill Lynch wasn't technically a bribe because Summers wasn't named to Obama's economic transition team until Nov. 24 -- a full 12 days later. I'm sure Larry Summers had absolutely no inkling whatsoever that he was going to be one of the key advisers to the new administration on Nov. 12.

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