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Lawrence Summers

Shahien Nasiripour

10 Years Ago Today, Congress Allowed For "Too Big To Fail"

HuffingtonPost.com | Shahien Nasiripour | Posted 11.05.2009 | Business

Read More: John S. Reed, Robert Reich, Brad Miller, Larry Summers, Paul Volcker, Lawrence Summers, Ed Perlmutter, Barney Frank, Paul Wellstone, Tbtf, Paul Kanjorski, Financial Crisis, Banks, Gramm Leach Bliley Act, Byron Dorgan, Too Big to Fail, Wall Street, Citigroup, Glass-Steagall, Business News

On the 10th anniversary of Congress voting to repeal the law that had long separated Main Street commercial banking from Wall Street investment bankin...

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Is the President Really in Charge?

Kathleen Reardon | Posted 11.04.2009 | Politics

Read More: Leadership, Courage, President Obama, Health Care Reform, Timothy Geithner, Afghanistan, Vice President Cheney, Lawrence Summers, Politics News
Kathleen Reardon

Why else would Obama be thinking of sending thousands of troops to Afghanistan? Why would he have nearly abandoned a health care public option? What happened to getting rid of lobbyists?

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2010: The Year Main Street Sticks It to Wall Street and Washington

Don McNay | Posted 10.27.2009 | Business

Read More: Mid Term Elections, Upheaval, Congress, Kentucky Guardianship Administrators, Hank Paulson, Lobbyists, Bailouts, Consumer Spending, Big Money, Roger Ailes, Lawrence Summers, Arianna Huffington, State Legislature, Cnbc, Economic Pain, Unemployed, Lexington KY, Spending Cuts, Wall Street-Washington, Andrew Ross Sorkin, Timothy Geithner, Kenneth Feinberg, Inside the Beltway, McNay Settlement Group, Incumbants, Republican National Committee, City Council, High Unemployment, Ky, Willie Stark, Democratic National Committee, Pay Czar, Fox Business News, Clu, Anger, Louisville, Million Dollar Round Table, Ben Bernanke, Alan Greenspan, Bonuses, Czars, Jefferson Airplane, Small Business, President Obama, Congressional Elections, 2010 Elections, Washington, Main Street, donmcnay.com, Tea Parties, Msnbc, Unemployment, Tea Baggers, All the Kings Men, Rural Journalism, Financial Crisis, Housing Crisis, Running for Office, President Bush, Richmond, American College, Incumbant Politican, Personal Finance, Msfs, Chfc, Small Towns, Kentucky, Don McNay, www.mcnay.com, Structured Settlements, Layoffs, Wall Street Bailouts, Wall Street, Vanderbilt University, Robert Penn Warren, Self Dealing, Eastern Kentucky University, Fox News, Certified Structured Settlement Consultant, Glenn Beck, Cssc, Too Big to Fail, Bill O'Reilly, Business News
Don McNay

If anyone has ever dreamed of being an office holder, 2010 is the year to do it. There are going to be several situations where voters elect a complete unknown, just to express their anger about the incumbent.

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Summers: Banks Are "Unintended Beneficiaries" Of The Bailout

The Huffington Post | Ryan McCarthy | Posted 11.02.2009 | Business

Read More: Tarp, Wall Street, Bailout, Lending, Tim Geithner, Financial Crisis, Henry Paulson, Banks, Ben Bernanke, Obama, Credit Markets, Lawrence Summers, Fiscal Policy, Business News

For Lawrence Summers, the president's economic adviser, the financial crisis is kind of like a military battle. Buried in this Wall Street Journal abo...

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Obama Administration Determined to Usher in New Great Depression

Allison Kilkenny | Posted 10.21.2009 | Business

Read More: Investment Banks, Commercial Banks, Gramm-Leach-Biley Act, Economy, President Obama, New York Times, Timothy Geithner, Paul Volcker, Lawrence Summers, Glass-Steagall, Business News
Allison Kilkenny

Whatever one thinks of Paul Volcker, any amateur historian can see that he's right to want to keep investment banking separate from commercial banking.

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Paul Volcker: How Obama Is Tuning Out The Former Fed Chairman

nytimes.com | LOUIS UCHITELLE | Posted 10.21.2009 | Business

Read More: Tim Geithner, Financial Reform, Federal Reserve, Banks, Obama Administration, Ben Bernanke, Paul Volcker, Lawrence Summers, Business News

Listen to a top economist in the Obama administration describe Paul A. Volcker, the former Federal Reserve chairman who endorsed Mr. Obama early in hi...

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Why Some Elites Never Have to Say They're Sorry

Jonathan Weiler | Posted 10.17.2009 | Living

Read More: Betsy Mccaughey, Evan Thomas, Tom Friedman, Andrew Sullivan, Lawrence Summers, Living News
Jonathan Weiler

It's sign of a corrupt political/intellectual culture that being wrong in highly consequential ways appears to have no bearing on your implicit moral standing to propound in weighty terms on the crucial issues of the day.

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Social Security Demand Shows Huge Increase Due To Recession

bloomberg.com | Jonathan D. Salant | Posted 10.05.2009 | Business

Read More: Social Security Administration, Barak Obama, Social Security, Retirement, George W. Bush, Lawrence Summers, Business News

Applications for Social Security benefits rose almost 50 percent more than expected this year because of the recession, according to the federal retir...

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Obama Not Doing Well Enough on Jobs

Steve Clemons | Posted 09.20.2009 | Business

Read More: Economic Recovery, Unemployment, Jobs, Obama, Paul Krugman, Lawrence Summers, Recession, GDP Recovery, Business News
Steve Clemons

A GDP recovery, which we are going to get, is something that the President of the United States should be apologizing for and for which he should be holding his economic team accountable.

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Is Double-Digit Unemployment Here to Stay?

TIME | Joshua Cooper Ramo Friday, Sep. 11, 2009 | Posted 11.11.2009 | Business

Read More: Double-Digit Unemployment, Recovery, Unemployment, Unemployment Rate, Lawrence Summers, Business News

Will creating jobs be that much slower too? Will double-digit unemployment persist even after we emerge from this recession? Has the idea of full empl...

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Obama White House Doesn't Understand American Interest vs. Corporate Interest

Steve Clemons | Posted 09.13.2009 | Politics

Read More: Robert Rubin, Corporate Real Estate, Small Business Administration, Bank Recapitalization, George Soros, Citibank, Timothy Geithner, US Economy, Lawrence Summers, Barack Obama, Politics News
Steve Clemons

The Obama administration's approach to trying to move the economy forward demonstrates a fundamental misunderstanding about how corporate behavior works.

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Obama Sees Hopeful Economic Signs in His Speeches

Andy Borowitz | Posted 08.05.2009 | Comedy

Read More: Borowitz Report, Andy Borowitz, Economy, Lawrence Summers, Barack Obama, Satire, Comedy News
Andy Borowitz

"Every time I look at the TelePrompTer, I see the words 'turning the corner,'" Mr. Obama said. "That, to me, is a sign that we are turning the corner."

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U.S. And China Pledge 'Balanced Growth' After Meeting

AP | MARTIN CRUTSINGER | Posted 08.28.2009 | Business

Read More: U.S. China Trade, Vice-Premier-Wang-Qishan, Lawrence Summers, Tim Geithner, National Deficit, Business News

WASHINGTON — The United States and China on Tuesday pledged closer cooperation to deal with global hot spots such as Iran and the worst financia...

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Needed Medicine: A Dose of Inflation?

Jodie Allen | Posted 08.23.2009 | Business

Read More: Debt, U.S. Economy, Ben Bernanke, China, Inflation, Lawrence Summers, Business News
Jodie Allen

it's worth asking if a carefully monitored dose of inflation, might be the fastest -- and maybe only -- way to spring America free of its debtor's shackles.

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Not on the Job

Jodie Allen | Posted 08.18.2009 | Politics

Read More: Jobs, Economic Stimulus, Obama Economy, Leo Hindery, Lawrence Summers, Politics News
Jodie Allen

The consensus of economic wisdom now informs us that we are facing a jobless recovery. That might not be so bad if it hadn't been preceded by a long period of poorly paid prosperity.

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Women of Science

Lee Schneider | Posted 08.16.2009 | Living

Read More: Google, Women and Science, Integrative Medicine, Lawrence Summers, Marissa Mayer, Dr. Mona Lisa Schultz, Confirmation Hearings, Sonia Sotomayor, Living News
Lee Schneider

Intuition is at the core of the risk-taking nature of science. Guys like to call intuition "a hunch." But those making a career of intuition -- placing it center stage -- are more likely to be women.

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Bernanke Is In The Hot Seat While Obama Is Primed To Pick Several Fed Board Seats

The Huffington Post | Ryan McCarthy | Posted 07.24.2009 | Business

Read More: Fed, Chairman of the Federal Reserve, Bernanke, Barney Frank, Federal Reserve, Ben Bernanke, Chris Dodd, Lawrence Summers, Business News

How long will Ben Bernanke last as the Chairman of the Federal Reserve? Well, it depends on who you ask. Bernanke is scheduled to defend his record in...

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Summers Defends Record, Warns Of Seeing "False Dawns" In Economic Crisis

AP | JEANNINE AVERSA | Posted 07.13.2009 | Business

Read More: Larry Summers, Obama Economic Team, Economy, Lawrence Summers, Business News

WASHINGTON — President Barack Obama's economic adviser on Friday defended the administration's efforts to rescue banks, insurance companies and ...

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Obama's Call for Educating Women

David Gartner | Posted 07.06.2009 | World

Read More: Education, Obama Mideast Trip, Barack Obama Middle East, Obama Education, World Bank, Lawrence Summers, Burkina Faso, Bangladesh, Pakistan, Afghanistan, Cairo, World News
David Gartner

Education, especially for girls and women, is the most highly leveraged investment now available for developing countries.

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Fed Hires Former Enron Lobbyist To Improve Its Image

bloomberg.com | Robert Schmidt | Posted 07.06.2009 | Business

Read More: Transparency, Federal Budget Deficit, Ben Bernake, Federal Reserve, Linda Robertson, Ben Bernanke, Enron Lobbyist, Lawrence Summers, Business News

June 5 (Bloomberg) -- The Federal Reserve intends to hire a veteran lobbyist as it seeks to counter skepticism in Congress about the central bank's gr...

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GM: America's Favorite Abusive Husband

Allison Kilkenny | Posted 07.02.2009 | Business

Read More: Bailout, General Motors, Gm, Economy, Lawrence Summers, Barack Obama, Business News
Allison Kilkenny

At what point will Americans stop lying about how they got their black eyes and start blaming these giant corporations?

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Summers: U.S. Economy No Longer In 'Freefall'

Bloomberg | Chua Kong Ho | Posted 06.16.2009 | Business

Read More: Bank Regulation, White House Economic Council, Bailout, Lawrence Summers, Economic Crisis, Freefall, Business News

(Bloomberg) -- The U.S. economy is no longer in "freefall," Lawrence Summers, director of the White House National Economic Council, said today in a p...

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The Clinton Bubble

Robert Scheer | Posted 05.30.2009 | Business

Read More: Robert Scheer, Timothy Geithner, Bailout, Clinton, Economy, Lawrence Summers, Obama, Robert Rubin, Citigroup, Business News
Robert Scheer

Has Timothy Geithner ever had lunch with a non-megamillionaire who has lost his job or home because of the banking meltdown?

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Larry Summers Contradicts Himself on US-Cuba Policy

Robert Schlesinger | Posted 05.20.2009 | World

Read More: Larry Summers, Obama Cuba, Cuba, Cuba Embargo, U.S.-Cuba Policy, Lawrence Summers, World News
Robert Schlesinger

One of the disappointments of the Obama administration thus far has been the extent to which it has embraced the traditional U.S. policy toward Castro-run Cuba.

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Barack Obama -- More Presidential By The Day

Kathleen Reardon | Posted 05.17.2009 | Politics

Read More: Vice President, President Obama, Jay Leno, Credibility, Political Power, Timothy Geithner, Stephen Colbert, Presidential Learning Curve, Lawrence Summers, 100 Days, Politics News
Kathleen Reardon

Rare is a president who learns so fast, who observes so deeply, who can take criticism and walk away better for it.

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