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Lawrence Summers

Ryan Grim

Romer Seems To Break With Geithner On Cause Of Crisis

HuffingtonPost.com | Ryan Grim | Posted 04.10.2009 | Politics

Read More: Chuck Schumer, Geithner, Timothy Geithner Treasury Secretary, James Galbraith, Stephanie Cutter, Economic Crisis, Larry Summers, Chris Dodd, Charles Schumer, Barack Obama, Lawrence Summers, Christina Romer, Christina Romer Obama, Tim Geithner, Christina Romer Timothy Geithner, Paul Krugman, Timothy Geithner, Citigroup, Politics News

Christina Romer, at a speech at the Brookings Institution Monday afternoon, appeared to give support to critics of Treasury Secretary Timothy Geithner...

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Dear Mr President: Please Read Your Blogs -- (It's Not Like Eating Your Spinach)

Miles Mogulescu | Posted 04.08.2009 | Politics

Read More: Stiglitz Slams Bad Bank Idea, Nouriel Roubini, Financial Bailout, Geithner Plan, Obama Blackberry, Obama Blogs, Larry Summers, Paul Krugman Barack Obama, Barack Obama, Lawrence Summers, Financial Advice, Blogs, Roubini Nationalization, Barack Obama Blackberry, Financial Meltdown, Joseph Stiglitz, FInancial Markets, Tim Geithner, Geithner Bailout, Paul Krugman on Barack Obama, Financial Crisis, Paul Krugman, Global Financial Crisis, Timothy Geithner, Political Blogs, Politics News
Miles Mogulescu

It would be a bit disturbing if a president who has said he wants to hear the widest range of opinions on important issues would want to dismiss those who write blog posts.

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Compared to AIG? He's Doing Better All the Time!

Rick Horowitz | Posted 04.03.2009 | Business

Read More: Hank Paulson, Larry Summers, Obama Administration, A.I.G., American International Group, Bailout, TARP Money, Barack Obama, Lawrence Summers, Maurice Greenberg, Aig, Wall Street, Tim Geithner, Bush Administration, Henry Paulson, Timothy Geithner, Edward Liddy, Tarp, Department of Treasury, Business News
Rick Horowitz

I don't want to sound like I'm bragging or anything, but I thought you ought to know: In the last quarter of 2008, I outperformed AIG by 61 billion dollars.

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The Markets: Always Up, and Never Down

Rick Horowitz | Posted 03.28.2009 | Business

Read More: Hank Paulson, Stock Market, Larry Summers, Federal Reserve, Collateralized Debt Obligations, Barack Obama, Lawrence Summers, Obama Administration, Investors, Wall Street Crisis, Subprime Mortgages, Wall Street, Financial Meltdown, Hedge Funds, Tim Geithner, Financial Crisis, Henry Paulson, Ben Bernanke, Timothy Geithner, Business News
Rick Horowitz

Back when it was good, you didn't understand it and it didn't matter; the numbers kept going up anyhow. The ones who knew, knew, and you were content to go along for the ride.

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Political Figures Sleeping In Public (SLIDESHOW)

Huffington Post | Alex Leo | Posted 04.23.2009 | Comedy

Read More: Summers Sleeping Pictures, Larry Summers Sleeping, Political People Sleeping Picture, Lawrence Summers Sleeping Pictures, Dick Cheney Sleeping, Gordon Brown Sleeping, Lawrence Summers Falls Asleep, Lawrence Summers, Lawrence Summers Sleeping, Larry Summers Falls Asleep While Obama Speaking, Summers Sleeping, Politicians Sleeping, Political Humor, Slideshow, Lawrence Summers Sleeping White House, Lawrence Summers White House Meeting, Sleeping Lawrence Summers, Lawrence Summers Nap, Lawrence Summers Napping, Comedy News

Lawrence Summers, Obama's head of the National Economic Council, fell asleep today during a White House meeting. This would be funny normally, but con...

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Lawrence Summers Falls Asleep During Obama's Speech

Huffington Post | Posted 04.23.2009 | Business

Read More: Lawrence-Summers-Barack-Obama, Lawrence Summers Asleep, Obama Summers Asleep, Lawrence Summers, Business News

UPDATE 4/23/09: Summers fell asleep again, this time during a White House meeting with President Obama and representatives from the credit card indust...

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Herbert Hoover Copycat: How the Current Financial Rescue Schemes are Following Hoover's Failed Model

Ismael Hossein-zadeh | Posted 03.23.2009 | Politics

Read More: Tarp, Wall Street Lobby, Economic Stimulus Package, Wall Street, Obama Bush, TARP Money, Tim Geithner, Bank Crisis, Larry Summers, Banks, Timothy Geithner, Lawrence Summers, Politics News
Ismael Hossein-zadeh

The deepening and protraction of the crisis is largely due to policy makers' subservience to the interests of Wall Street gamblers -- shirking their responsibility to protect people's interests.

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GM, Chrysler Want Billions More

Steve Parker | Posted 03.21.2009 | Business

Read More: White House, Congress, GMC Truck, Saturn, Chrysler, Buick, Rick Wagoner, United Auto Workers, George W. Bush, Fiat, Cars, Chinese, Detroit News, Ford, American Recovery and Reinvestment Act of 2009, Lawrence Summers, New York Federal Reserve Bank, General Motors, Brembo, Mini, Delphi, Charlie Rose, GMAC Bailout, 2010 Chevrolet Camaro, Uaw, Penske Automotive Group, Detroit Three, Chevrolet, Moody Blues, Mitt Romney, Pontiac Solstice, Mitsuoka Motor, Roger Smith, Frankfurt International Auto Show, Pontiac, Ferrari, Saab, Tokyo Motor Show, Bmw, Smart Car, Wall Street, Dodge, Tim Geithner, President Obama Administration, Henry Paulson, Hummer Sale, Hollywood, Cadillac, Firebird, Miata, Auto Bailout, Business News
Steve Parker

Incidentally, GM got another $4 billion Tuesday after turning in their plan. Were you ever rewarded that much just for doing your homework?

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Larry Summers: Economy Likely To Decline "For Some Time"

Bloomberg | Timothy R. Homan and Matthew Benjamin | Posted 03.16.2009 | Business

Read More: Larry Summers, Economy, Recession, Lawrence Summers, Business News

Feb. 13 (Bloomberg) -- President Barack Obama's top economic adviser said it will take a while for the fiscal stimulus and financial-rescue plan to ha...

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No Tough Love for Wall Street

Robert Scheer | Posted 03.13.2009 | Politics

Read More: Scheer, Timothy Geithner, Mortgage, Barack Obama, Bailout, Wall Street, Lawrence Summers, Treasury, Financial Crisis, Politics News
Robert Scheer

For all the brave talk about transparency and accountability Geithner gave the swindlers who got us into this mess yet another blank check to buy up the "toxic assets" they gleefully created.

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Obama Economic Adviser Volcker "Increasingly Frustrated" By Delays, Blames Summers

Bloomberg | Posted 03.08.2009 | Politics

Read More: Obama Volcker, Obama Stimulus Plan, Economic Stimulus Package, Paul Volcker Barack Obama, Stimulus Package, Larry Summers, Economic Stimulus, Stimulus, Paul Volcker, Lawrence Summers, Paul A. Volcker, Politics News

Paul Volcker has grown increasingly frustrated over delays in setting up the economic advisory group President Barack Obama picked the former Federal ...

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Volker, Summers Tangled In a Power Struggle

Bloomberg | Robert Schmidt and Julianna Goldman | Posted 03.08.2009 | Business

Read More: Obama, National Economic Council, Summers, Volker, Paul Volker, Economy, Lawrence Summers, Business News

Feb. 5 (Bloomberg) -- Paul Volcker has grown increasingly frustrated over delays in setting up the economic advisory group President Barack Obama pick...

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Economic Policy Could Scuttle Obama's Good Start

Robert Scheer | Posted 02.27.2009 | Politics

Read More: Robert Scheer, Timothy Geithner, Bush, Bailout, Barack Obama, Economy, Lawrence Summers, Wall Street, 100 Days, Obama 100 Days, Politics News
Robert Scheer

Why, in the management of the economy, do we hear so little from the Chicago community organizer and so much from the Harvard law school elite, preoccupied with the well-being of the denizens of Wall Street?

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Larry Summers At Federal Reserve By 2010?

US News and World Report | Posted 01.17.2009 | Business

Read More: Economy, Federal Reserve, Banks, Ben Bernanke, Lawrence Summers, Barack Obama, Business News

He hasn't even taken office yet and the rumors about President-elect's musical chairs are starting. The latest: That Obama won't reappoint Federal Res...

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Should Progressives Be Upset with Obama?

David Corn | Posted 01.06.2009 | Politics

Read More: Robert Rubin, Obama Administration Picks, Susan Rice, Jared Bernstein, Robert Gates, Liberals, Tim Geithner, James Jones, Progressives, Obama Transition, Hillary Clinton, Chris Bowers, Lawrence Summers, Barack Obama, Politics News
David Corn

With these hawkish, Rubin-esque, middle-of-the-road picks, has Obama abandoned the folks who brought him to the dance?

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The Daily Szep: Lawrence Summers, Chief Economic Adviser

Paul Szep | Posted 12.27.2008 | Politics

Read More: Political Satire, Lawrence Summers, Political Cartoon, Politics News
Paul Szep

...

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Obama Chooses Wall Street Over Main Street

Robert Scheer | Posted 12.27.2008 | Politics

Read More: Robert Scheer, Bailout, Barack Obama, Clinton, Tim Geithner, Economy, Lawrence Summers, Aig, Robert Rubin, Wall Street, Citigroup, Obama Cabinet, Financial Crisis, Obama Economic Team, Politics News
Robert Scheer

Maybe Ralph Nader was right: the same Wall Street hustlers will have a lock on our government no matter which major party wins the election. How else is one to respond to Obama's economic picks?

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Obama's Picks and the Ideology of No Ideology

Norman Solomon | Posted 12.26.2008 | Politics

Read More: USA Today, Robert Reich, Economic Crisis, Economy, Constellation Energy, Boeing, David Brooks, Judge Judy, New Yrok Times, PBS "Washington Week", Timothy Geithner, Corporate Power, Mark Weisbrot, Barack Obama, Lawrence Summers, National Mining Association, Ideology, Politics News
Norman Solomon

On Friday, columnist David Brooks informed readers that Barack Obama's picks "are not ideological." The incoming president's key economic adviser...

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NYT: Geithner And Summers "Have Played Central Roles" In Provoking Crisis

New York Times | Posted 12.26.2008 | Business

Read More: Finance, Economy, Financial Crisis, Timothy Geithner, Obama Economic Team, Lawrence Summers, Barack Obama, Business News

In various high-level government positions, Timothy Geithner, Mr. Obama's choice for Treasury secretary, and Lawrence Summers, his choice for director...

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Team Obama: Transformation, Transparency & Trust

Christine Pelosi | Posted 12.25.2008 | Politics

Read More: Economic Recovery, Council of Economic Advisors, Christina Romer, Melody Barnes, Domestic Policy Council, Timothy Geithner, Joe Biden, National Economic Council, Barack Obama, Secretary of the Treasury, Lawrence Summers, President-Elect Barack Obama, Obama Cabinet, Obama's Cabinet, Politics News
Christine Pelosi

This team inspires trust due to their credentials, experience, and unity around Obama's core economic philosophy -- that America is built on a strong, vibrant, thriving middle class.

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Where is the Economic Team of Rivals?

Allison Kilkenny | Posted 12.25.2008 | Politics

Read More: Citigroup, Robert Rubin, Clinton, Economy, Deregulation, Regulation, Free Trade, Peter Orszag, Timothy Geithner, Bob Rubin, Barack Obama, Lawrence Summers, Obama Cabinet, Obama's Cabinet, Politics News
Allison Kilkenny

It appears there is at least one area of his fledgling administration that is not open to discussion or debate -- the economy.

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Promising Signs As Obama's Cabinet Shapes Up

Joseph A. Palermo | Posted 12.25.2008 | Politics

Read More: James Baker III, Michael Copps, Fcc, Obama Transition, Rush Limbaugh, Hillary Rodham Clinton, Donald Rumsfeld, Ari Fleischer, Robert McChesney, Barack Obama, Eric Holder, Bill Richardson, Lawrence Summers, Obama Cabinet, Sean Hannity, Laura Ingraham, Obama's Cabinet, Timother Geithner, Janet Napolitano, Tom Daschle, Obama's Economic Team, 100 Days, Politics News
Joseph A. Palermo

As secretary of state, Hillary Clinton could play the heavy with the Israeli government (for once) and demand that it makes serious concessions toward creating an independent Palestinian state.

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Obama Setting Economic Agenda, Will Roll Out Team On Monday

AP | MARTIN CRUTSINGER | Posted 12.24.2008 | Politics

Read More: President Obama, Obama Cabinet, Obama Economic Team, Obama Economy, Obama's Economic Team, Tim Geithner, Larry Summers, Lawrence Summers, Politics News

LIMA, Peru — President George W. Bush got a second bloc of world leaders to endorse comprehensive action to remedy the global financial crisis. ...

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Lawrence Summers Is a White House Playa

Nancy Snow | Posted 12.23.2008 | Politics

Read More: White House Players, Summers Africa Comment, Summers Controversy, Barack Obama, Lawrence Summers, Larry Summers, Obama's Economic Team, Politics News
Nancy Snow

Lawrence H. Summers will be Obama's director of his National Economic Council. We all know what a great job Summers did as Harvard President (2001-20...

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Change We Can Bank On

Robert Scheer | Posted 12.19.2008 | Politics

Read More: Robert Scheer, Phil Gramm, Henry Paulson, Mortgage, Fdic, Barack Obama, Economy, Lawrence Summers, Foreclosure, Timothy Geithner, Pornography of Power, Robert Rubin, Sheila Bair, Barney Frank, Treasury Secretary, Obama Cabinet, Obama's Cabinet, Alan Greenspan, Politics News
Robert Scheer

This is not change we can believe in -- not if Robert Rubin or his protégé, Lawrence Summers, get to call the shots on the economy in Obama's incoming administration.

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