Larry Summers Was Offered Job As Head Of Bank Of Israel

Larry Summers Was Offered Bank Of Israel Job
Larry Summers, director of the National Economic Council and President Obama's top economic strategist, talks about how progressive energy policies and economic recovery go hand-in-hand, at the "2010 Energy Conference" at the Ronald Reagan Building in Washington, Tuesday, April 6, 2010. The conference is hosted by the U.S. Energy Information Administration, part of the Department of Energy, and The Johns Hopkins University School of Advanced International Studies. (AP Photo/J. Scott Applewhite)
Larry Summers, director of the National Economic Council and President Obama's top economic strategist, talks about how progressive energy policies and economic recovery go hand-in-hand, at the "2010 Energy Conference" at the Ronald Reagan Building in Washington, Tuesday, April 6, 2010. The conference is hosted by the U.S. Energy Information Administration, part of the Department of Energy, and The Johns Hopkins University School of Advanced International Studies. (AP Photo/J. Scott Applewhite)

Former Treasury Secretary Larry Summers, who was in the running to succeed Ben Bernanke as chairman of the Federal Reserve, reportedly turned down an offer to lead the Bank of Israel.

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