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<![CDATA[Economic Adviser to the Aristocracy]]>
http://www.huffingtonpost.com/david-bromwich/economic-adviser-to-the-a_b_183182.html
The lately published list of the honorariums received by Lawrence Summers for
lectures delivered in 2008--at firms like J.P. Morgan, McKinsey and Company,
Goldman Sachs (twice), Citigroup (twice), Lehman Brothers (twice), American
Express, Pricewaterhouse Coopers, Skagen Funds (twice)--shows the practical
meaning of an aristocratic class. The amounts received by Summers from these
banks and brokerage houses and consulting firms covered a range from $59,400
per lecture (Skagen) to $135,000 (McKinsey). Other outfits paid still more.
Summers also received...
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2009-08-23T07:07:00-04:00