On Fri, 3 Apr 2009 23:56:06 -0400 Alan Rudy <alan.rudy at gmail.com> writes:
> Shocking, the guy who proposed that "economically" Southern lives
> were worth
> less, and less costly to defend the spread of illness and death to,
> and
> therefore live in places it is economically rational and morally
> reasonable
> to send Northern toxic waste for disposal or remediation is bought
> by Wall
> Street... the guy too self-important to be able to deal with the
> mostly
> "just leave us alone and we'll be happy and our prestigious
> university will
> continue to rule the world" faculty at Harvard, esp. those concerned
> with
> issues of race, is a putz... and the guy who thinks its reasonable
> to
> suggest that research into "possible" biological foundations to
> women's
> under-representation in the natural and physical sciences is a
> schmo... by
> far the earliest and most immediately disappointing appointment
> Obama (has)
> made, tho others on the economic team come close.
> -A
>
>
>
> On Fri, Apr 3, 2009 at 7:02 PM, Doug Henwood <dhenwood at panix.com>
> wrote:
>
> > <http://online.wsj.com/article/SB123879462053487927.html>
> >
> > Summers Received Over $5 Million From D.E. Shaw
> > By JOHN D. MCKINNON and T.W. FARNAM
> >
> > WASHINGTON -- Top White House economic adviser Lawrence Summers
> received
> > about $5.2 million over the past year in compensation from hedge
> fund D.E.
> > Shaw, and also received hundreds of thousands of dollars in
> speaking fees
> > from major financial institutions.
> >
> > A financial disclosure form released by the White House Friday
> afternoon
> > shows that Mr. Summers made frequent appearances before Wall
> Street firms
> > including JP Morgan, Citigroup, Goldman Sachs and Lehman Brothers.
> He also
> > received significant income from Harvard University and from
> investments,
> > the form shows.
Lest we not forget, Larry Summers was a good friend of those Harvard economics department members who were involved in the Russian fraud scandal. See:
http://www.time.com/time/nation/article/0,8599,1161877,00.html
That was probably the real reason that he was forced to step down from the Harvard presidency.
> >
> > In total, Mr. Summers made a total of about 40 speaking
> appearances to
> > financial sector firms and other places, with fees totaling about
> $2.77
> > million. Fees ranged from $10,000 for a Yale University speech to
> $135,000
> > for an appearance paid for by Goldman Sachs & Co.
> >
>>
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