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Larry Summers Crisis

Mark Gongloff

Larry Summers Is Also Lousy At Crisis Management | Mark Gongloff | Posted 08.02.2013 | Business

In answer to the question, "Why on earth should Larry Summers be chairman of the Federal Reserve?" his supporters usually allege that he is great in a crisis. Whether you believe that depends on your definition of "great." In fact, there is plenty of evidence that Larry Summers is actually kind of terrible in a crisis.