Tag: Lawrence Summers

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Betting on the Wall Street Crash

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Exclusive: The 2008 Wall Street crash resulted from a combination of unrestrained greed and political contempt for government regulators who might have prevented the devastation. In The Big Short, the tale is told from the perspective of a few players…

Will Obama Pick a Retread for Fed?

Former Treasury Secretary Lawrence Summers.

The choice of the next Fed chairman will have a big impact on the U.S. and world economies. But President Obama appears tempted to pick a safe retread like former Treasury Secretary Larry Summers though some progressives hope his choice…