How Botched Derivatives Risk Taming Regulations are Again Going to Leave Taxpayers Holding the Bag Posted: 19 Oct 2012 02:16 AM PDT An important piece in the Financial Times by Manmohan Singh, a senior economist at the International Monetary Fund, describes persuasively how one of the central vehicles for reducing …
Larry Summers and the Subversion of Economics
By Charles Ferguson, director and producer of the award-winning documentary Inside Job The Obama administration recently announced that Larry Summers is resigning as director of the National Economic Council and will return to Harvard early next year. His imminent departure raises several questions: Who will replace him? What will he do …
Summers: Good Riddance
The good news: Summers is gone Jan 1 (no word yet on Geithner). The bad news? I am not sure what (if any) impact this will have on the administration’s economic policies. To review: Summers is the former Clinton Treasury Secretary, mentored by Robert Rubin. As such, he was one …