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  • Summers pulls out

    http://www.bbc.co.uk/news/business-24103970

    All part of the revoultion we are seeing else where?
    Mike

  • #2
    Re: Larry Summers pulls out

    Yesterday Summers canceled his speaking engagements with Citigroup, supposedly so as not to have any conflicts of interest while being considered to head the Fed. Today he withdrew from the running. Wonder what's going on?

    Be kinder than necessary because everyone you meet is fighting some kind of battle.

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    • #3
      Re: Larry Summers pulls out

      Originally posted by shiny! View Post
      Yesterday Summers canceled his speaking engagements with Citigroup, supposedly so as not to have any conflicts of interest while being considered to head the Fed. Today he withdrew from the running. Wonder what's going on?
      He wants to keep his options open in case he decides to run for President on the Dem ticket in 2016

      Comment


      • #4
        Re: Larry Summers pulls out

        Originally posted by GRG55 View Post
        He wants to keep his options open in case he decides to run for President on the Dem ticket in 2016
        Geez! Give me nightmares, why don't you?

        Be kinder than necessary because everyone you meet is fighting some kind of battle.

        Comment


        • #5
          Re: Larry Summers pulls out

          Originally posted by shiny! View Post
          Geez! Give me nightmares, why don't you?
          Doesn't get any better than that. Once he's Prez he can appoint himself FedHead...

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          • #6
            Re: <a href=

            Originally posted by GRG55 View Post
            Doesn't get any better than that. Once he's Prez he can appoint himself FedHead...
            wasn't it james carville who said that if there were reincarnation he wanted to come back as the bond market?

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            • #7
              Re: <a href=

              Originally posted by jk View Post
              wasn't it james carville who said that if there were reincarnation he wanted to come back as the bond market?
              "I used to think if there was reincarnation, I wanted to come back as the president or the pope or a .400 baseball hitter. But now I want to come back as the bond market. You can intimidate everybody."

              Including the Fed, the BoE, ECB and maybe even the PBOC...

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