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Entries tagged "Summers"The return of the Tobin tax?The chatter about the Tobin tax, a 38-year-old proposition, has reached a crescendo again after being dismissed in the 1980s and 1990s as being quaint. Tim Geithner's conflictTreasury Secretary Tim Geithner has plenty of conflicts for pundits to contemplate, but the thorniest may be choosing between his two mentors. Is Bernanke on the outs with Obama?Speculation about Obama tapping Larry Summers as Ben Bernanke's replacement as Fed Reserve chairman starts making the rounds six months before his term expires. Stiglitz calls out Obama's Wall Street tiesNobel winning economist Joseph Stiglitz in a Bloomberg interview worries that too many Obama advisers are in the pocket of Wall Street. What do Geithner and Summers have to do with Citi's woes?Days after President-elect Barack Obama announced his selection of Federal Reserve Bank of New York President Timothy Geithner as treasury secretary, a debate flared up about his readiness to oversee the Troubled Asset Relief Plan. Since then, a veritable chorus of detractors have begun to question Geithner's viability as a potential member of the Obama Cabinet. Some include economist and comedian Ben Stein and Edward Hellmore of British newspaper The Guardian, who both attempt to link Geithner to the failures of Citigroup Inc. by way of Robert Rubin. ... Roll Call: Nov. 25, 2008While the New York Post and others blame Wall Street executives for the credit crisis, Scientific America and rival Discover both blame the rocket scientists that Wall Street employed, who created the exotic financial instruments, notes ClusterStock. Meanwhile, Charles Calomiris, the Henry Kaufman professor of Financial Institutions at Columbia University's business school, is angry at Hank Paulson, telling Deal Journal that the bailout plan to save the economy is "Truly idiotic." The man that President-elect Barack Obama will rely on to pick up where Paulson left off, treasury secretary nominee Tim Geithner, received some drubbings already over his role so... Obama announces economic teamThe markets don't like uncertainty, so in an effort to provide a little clarity President-elect Barack Obama named key members of his administration's economic team Monday at a press conference in Chicago. As was expected, New York Federal Reserve President Timothy Geithner was named treasury secretary nominee, and former Harvard President Lawrence Summers was named the director of the National Economic Council. ... Women's group disses Summers as possible treasury secretary pickA group dedicated to promoting women in scientific professions called on President-elect Barack Obama to reject Larry Summers (pictured) as a possible nominee for treasury secretary. The Rosalind Franklin Society said Summers' comment during his tenure as Harvard University president that "innate differences" between men and women accounted for the dearth of females at the upper echelon of the field should disqualify him from consideration. ... Treasury horse race oddsIf you are a betting man, then US News & World Report's The Home Front blog provides the odds of some of the oft-mentioned contenders for President-elect Barack Obama's treasury secretary. ... Summers vs. Geithner: The New Republic's takeThe New Republic's senior editor Noam Scheiber offers an excellent take on the strengths and weaknesses of Larry Summers and Timothy Geithner, the likely leading rivals for President-elect Barack Obama's treasury secretary nomination. In short, Scheiber's take is that both are eminently qualified, offer little in substantive difference, but have important contrasts in style that could ultimately sway Obama's decision.... Who's next at Treasury: Geithner vs. SummersThe guessing game over who Barack Obama would name to top White House posts is in full swing on the eve of Tuesday's national election. There are dueling prognosticative camps over who a President Obama would put in charge of the Treasury Department. While there is no consensus over who will get the job, there is a fair amount of agreement that Obama has already made up his mind -- but has not shared his decision widely enough for word to leak out. That leaves plenty of room for rampant, unfounded speculation -- the most fun kind. ... An oracle for treasury? How about an egghead instead?As expected, the economy took center stage during Tuesday's presidential debate when Republican Sen. John McCain and Democratic Sen. Barack Obama faced off in a so-called "town hall" debate. Evidently the public, which submitted many of the questions moderator Tom Brokaw posed, was even interested in who will replace Hank Paulson as the next treasury secretary.... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Summers." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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