What a shame. Nobody could have predicted:
He also wrote: "My great regret is that I and so many of us who have been involved in this industry for so long did not recognize the serious possibility of the extreme circumstances that the financial system faces today."
You and me both, pal. Still got your insurance? Your pension? Your house? Fuel?
- admin_lambert's blog
- Login or register to post comments



Front page

Comments
Robert Rubin
I found this clip from a Time Magazine, I think 11/04/08 issue
" Summers has also been reaching out to many economists on the left who generally opposed the manic neoliberal vector that former Treasury Secretary Robert Rubin and Summers had put the nation on during Bill Clinton's presidency.
I have been surprised about the quick rehabilitation of Summers in Obama Land -- particulalry given Obama's promises to the labor community and his strident position during the campaign against the kind of trade deals that Summers and Rubin promoted."
wrensis
Disturb the comfortable and comfort the distrubed