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Iris Mack, a former derivatives specialist at the Harvard Management Company (responsible for investing Harvard’s endowment) claims that a betrayal by Summers lead to her termination. Full Article at The Business Insider
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During one of his first meetings about overhauling U.S. financial regulations in February, President Barack Obama had a question for his economic advisers, who included Treasury Secretary Timothy Geithner and National Economic Council Director Lawrence... Full Article at Columbia Journalism Review
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There seems to be little doubt that Lawrence H. Summers is a polarizing figure. Full Article at Dealbook
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Don Miller) Two key members of President Barack Obama's economic team were part of a group of financial heavyweights that in the late 1990s helped to kill regulatory reform that might have limited the impact of the 2008 financial meltdown. Full Article at iStockAnalyst
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Ten years too late, PBS's Frontline series has found a sympathetic hero - Brooksley Born, ex-head of the Commodities Futures Trading Commission - and three appropriate villains - ex-Fed chief and market ideologue Alan Greenspan, and ex-Clinton Treasury... Full Article at Philly.com
Related Quotes
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The Republican Partys overwhelming victory in Virginia is a blow to President Obama and the Democrat Party. It sends a clear signal that voters have had enough of the presidents liberal agenda
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In a financial system that has never been more complicated, it has never been more important to have a watchdog function like the one we have proposed
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It’ll happen again if we don’t take the appropriate steps
SOURCE: ETF Investor -
Born faced a formidable struggle pushing for regulation at a time when the stock market was booming ... Alan Greenspan was the maestro, and both parties in Washington were united in a belief that the markets would take care of themselves.
SOURCE: ETF Investor
