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Lawrence Summers

Jon Stewart's incisive Obama interview proves he deserved the President's time

Eric Deggans | Posted 05.25.2011 | Media
Eric Deggans

If anything comes of President Barack Obama's historic visit to Comedy Central's Daily Show, I hope it is this: People will stop griping about how su...

Movie Review: Inside Job

Marshall Fine | Posted 05.25.2011 | Entertainment
Marshall Fine

Inside Job explains complex ideas with a clarity and skill that make them comprehensible to anyone willing to pay attention. But Charles Ferguson does it in a way that doesn't dumb things down.

Eat, Pray, Love and the Economic Crisis

Don McNay | Posted 05.25.2011 | Books
Don McNay

Liz Gilbert said of Italy, "In a world of disorder and disaster and fraud, only artistic excellence is incorruptible." I have pondered her insight for weeks. I keep asking myself the essential question. Is the US headed the way of Italy?

Replacing Summers: Will Obama Please Wall Street or Struggling Americans?

Arianna Huffington | Posted 05.25.2011 | Politics
Arianna Huffington

After two years of governing a country locked in economic misery, you'd hope that Obama and his economic team would've learned that what matters isn't the economic team's resume or what "signals are sent" to Wall Street.

Shahien Nasiripour

Progressive Economists Offer Their Suggestions To Replace Larry Summers: 'No More Rubinites'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Progressive economists have one piece of advice for President Barack Obama when it comes to replacing top economic adviser Larry Summers: No more Robe...

Obama's Pick For Summers' Replacement Will Signal His Direction

Rob Kall | Posted 05.25.2011 | Politics
Rob Kall

The good news could be that Summers and his approach will soon be gone. The bad news is that he will probably be replaced by someone worse.

Who Will Replace Larry Summers? The Possible Candidates To Head White House Economic Team (PHOTOS)

The Huffington Post | William Alden | Posted 05.25.2011 | Business

As pundits produce unofficial lists of candidates to replace top White House economic adviser Lawrence Summers -- who will leave the White House to re...

Lawrence Summers Likely Leaving White House After Elections

Posted 05.25.2011 | Business

This post has been updated Lawrence Summers, the White House's top economic adviser, will leave at the end of the year and return to his position as ...

My Mind Has A Mind Of Its Own

Michael Sigman | Posted 11.17.2011 | Healthy Living
Michael Sigman

We hear President Obama recently went on a two-week meditation retreat that wasn't made public. A source close to the President's mind confided some o...

Shadow Elite: Elizabeth Warren's Best Credential: Outsider

Linda Keenan | Posted 05.25.2011 | Politics
Linda Keenan

Questionable behavior became commonplace in innumerable corners of the financial industry over the past 20 years. And at key moments, it was an outsider like Elizabeth Warren who had the common-sense perspective to cry foul.

After Summers Comes the Fall

Robert Scheer | Posted 05.25.2011 | Politics
Robert Scheer

During his tenure as Obama's top economic adviser, Summers has continued the Bush policy of throwing money at Wall Street without getting anything in return by way of a moratorium on mortgage foreclosures.

Will They Pull a Brooksley Born on Elizabeth Warren?

Kathleen Reardon | Posted 05.25.2011 | Politics
Kathleen Reardon

Given Obama's hemming and hawing about appointing Warren, it's not far-fetched to think that history could repeat itself. Another woman trying to break the old guard's economic chokehold could be shown the door.

China Rejects Currency Pressure Amid Summers Visit

AP | Posted 05.25.2011 | Business

BEIJING — China rejected pressure over currency Tuesday amid a visit by two high-level U.S. envoys, saying Beijing will set the pace of exchange...

Note to Summers and Donilon: Dig into China's Mooncake Vouchers

Steve Clemons | Posted 05.25.2011 | World
Steve Clemons

Like the U.S. dollar -- which, despite the global frustration with American economic policy, overconsumption and underinvestment -- Chinese mooncakes, or the idea of them, are in huge demand.

They Go or Obama Goes

Robert Scheer | Posted 05.25.2011 | Politics
Robert Scheer

President Obama gained credibility through sacking Gen. Stanley McChrystal for making untoward remarks. Why not sack Summers and Geithner for untoward policies that have inflicted such misery on the general public?

Married to the Clinton Mob

Robert Scheer | Posted 05.25.2011 | Politics
Robert Scheer

Clinton nostalgia is dangerous nonsense, and for Democrats to go down that road is to avoid serious assessment of their own party's role in the economic debacle that haunts the nation.

Was "Financial Reform" Really Robin Hood In Reverse?

Don McNay | Posted 05.25.2011 | Business
Don McNay

"Financial Reform" will be a boom for people in the payday loan business. There will be many new customers who need bank-like services. It's almost like Congress implemented a plan of "Reverse Robin Hood."

The Economic Case for Extending Unemployment Insurance

Lawrence H. Summers | Posted 05.25.2011 | Business
Lawrence H. Summers

Opposing extending unemployment benefits will do nothing to put people back to work. What it will do is create a more difficult situation for thousands of families hit hardest by the economic crisis and cut off a powerful channel for spurring economic growth.

Sticking the Public With the Bill for the Bankers' Crisis

Naomi Klein | Posted 05.25.2011 | World
Naomi Klein

My city feels like a crime scene, and the criminals are fleeing the scene. I'm not talking about the kids who burned cop cars on Saturday. I'm talking about the heads of state who smashed social safety nets and burned good jobs.

Larry Summers Is Lying About Big Banks

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

Today's megabanks aren't just too-big-to-fail, they're too-big-to-regulate. If Democrats want to salvage their political credibility, they now have no choice now but to push to break up the banks.

Summers, Geither: Our Agenda For The G-20

wsj.com | TIMOTHY GEITHNER and LAWRENCE SUMMERS | Posted 05.25.2011 | Business

This week, President Obama will travel to Toronto for the G-20 Summit. Engagement with the G-20 has been a key component of the administration's strat...

Shahien Nasiripour

Larry Summers Defends Megabanks, Says Too Many Small Banks Make U.S. 'Less Stable'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

President Barack Obama's top economic adviser defended megabanks Thursday, arguing that breaking them up serves no purpose and that a proliferation of...

Shadow Elite: Goldman Sachs - Fraud Is Not the Scandal

Linda Keenan | Posted 05.25.2011 | Politics
Linda Keenan

Americans justifiably furious with Wall Street conduct, and the havoc it's caused, might be comforted by news that regulators are taking Goldman Sachs to court, alleging fraud. They shouldn't be.

Goldman Plays, We Pay

Robert Scheer | Posted 05.25.2011 | Business
Robert Scheer

The story of the financial debacle will end the way it began, with the super-hustlers from Goldman Sachs at the center of the action and profiting wildly.

Shahien Nasiripour

Volcker: New Government Powers Won't Be Able To Dismantle Megabanks; Too Big To Fail Lives Despite Reform Bill

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Updated at 5:45 p.m. ET. Former Federal Reserve Chairman Paul Volcker believes the centerpiece of the administration's effort to end Too Big To Fail ...