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Tuesday, April 7, 2009

Larry Summers - No Conflict of Interest; He Pinkie Swears

Larry Summers - No Conflict of Interest; He Pinkie Swears
"...It does appear Mr. Summers does have a conflict or two. Or perhaps three. Aside from earning $5.2 million for work at DE Shaw (hedge fund) the past few years (for 1 day of work a week), he made $2.7 in speaking fees at many of the same banks he now is figuring out ways to prop up. (and folks it is NOT an either or question - we can have functioning banks without subsidizing both equity and bond holders with tax payer money)..."
Reference: www.forexhound.com

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