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That gloomy Summers

That gloomy Summers

PARIS, Dec. 9 (UPI) -- Larry Summers says the global economy is in a period of "secular stagnation."
MARTIN WALKER, UPI Editor Emeritus
Warren Buffett picks Bernanke for third term as Fed chairman

Warren Buffett picks Bernanke for third term as Fed chairman

WASHINGTON, Sept. 19 (UPI) -- Billionaire investor Warren Buffett, the so-called Oracle of Omaha, said his pick to succeed U.S. Federal Reserve Chairman Ben Bernanke is -- Ben Bernanke.

U.S. markets mixed Monday

NEW YORK, Sept. 16 (UPI) -- Wall Street markets closed mixed Monday with investors cheered by Larry Summers' withdrawal from contention for the job of Federal Reserve chairman.
Obama outlines intelligence gathering reforms

Obama outlines intelligence gathering reforms

WASHINGTON, Aug. 9 (UPI) -- U.S. President Barack Obama said Friday he is taking steps to make sure national security surveillance is more transparent.
Obama refuses to be pinned down on Fed chairman

Obama refuses to be pinned down on Fed chairman

WASHINGTON, Aug. 9 (UPI) -- U.S. President Obama refused to say Friday whether he would nominate Larry Summers to be the next chairman of the Federal Reserve.

Understatement of the Week: Mitt Romney

Understatement of the week:
ANTHONY HALL, United Press International
Summers: Pass tax bill ASAP

Summers: Pass tax bill ASAP

WASHINGTON, Dec. 8 (UPI) -- White House economic adviser Larry Summers said Wednesday failure to pass the tax deal between President Obama and Republicans could cause the economy to stall.

Gibbs: Summers fit 5 years of work into 2

ABOARD AIR FORCE ONE, Sept. 22 (UPI) -- U.S. White House press secretary Robert Gibbs said Wednesday the president is well into the process of selecting economic adviser Larry Summers' replacement.
A Democrat calls for Geithner to go

A Democrat calls for Geithner to go

WASHINGTON, Nov. 19 (UPI) -- Rep. Peter DeFazio, D-Ore., said Thursday top members of President Obama's economic team were focused on Wall Street, not Main Street.
Stimulus working, Summers tells GOP

Stimulus working, Summers tells GOP

WASHINGTON, Oct. 12 (UPI) -- U.S. President Obama's top economic adviser, Larry Summers, defended the economic stimulus bill Monday in a letter mailed to Republican congressional leaders.
Economic chief says U.S. moving ahead

Economic chief says U.S. moving ahead

WASHINGTON, July 17 (UPI) -- Extracting the U.S. economy from recession and establishing a foundation for growth remain the administration's priorities, a top Obama adviser said.
Summers says U.S. will be better prepared

Summers says U.S. will be better prepared

WASHINGTON, March 13 (UPI) -- Americans and America will emerge more prosperous and better prepared when the U.S. economic crisis ends, a key presidential economic adviser said Friday.

Summers: Economy needs government spending

WASHINGTON, Jan. 25 (UPI) -- White House chief economic adviser Larry Summers said Sunday the Obama administration will press ahead with its economic stimulus plan.
Obama announces part of economic team

Obama announces part of economic team

CHICAGO, Nov. 24 (UPI) -- U.S. President-elect Barack Obama Monday announced part of his economic team: Timothy Geitner for treasury and Larry Summers as chief economic adviser.

China and the dollar

WASHINGTON, Sept. 10 (UPI) -- With more than $3 trillion worth of U.S. securities in Chinese, Arab and Russian hands, what happens if they start to use the money for their own ends?
MARTIN WALKER, UPI Editor Emeritus
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Photos
Larry Summers
Microsoft chairman, Bill Gates (R) stands up to receive his honorary degree from Harvard during the 2007 Harvard University Commencement Exercises in Cambridge, Massachusetts on June 7, 2007. Seated, are outgoing Harvard President Larry Summers (C), and basketball legend Bill Russell (L) who are also receiving honorary degrees. (UPI Photo/Matthew Healey)
Wiki

Lawrence Henry Summers (born November 30, 1954) is an American economist. He served as the 71st United States Secretary of the Treasury from 1999 to 2001 under President Bill Clinton. He was Director of the White House United States National Economic Council for President Barack Obama until November 2010. Summers is the Charles W. Eliot University Professor at Harvard University's Kennedy School of Government. He is the 1993 recipient of the John Bates Clark Medal for his work in several fields of economics.

Summers also served as the 27th President of Harvard University from 2001 to 2006. Summers resigned as Harvard's president in the wake of a no-confidence vote by Harvard faculty that resulted in large part from Summers's conflict with Cornel West, financial conflict of interest questions regarding his relationship with Andrei Shleifer, and a 2005 speech in which he suggested that the under-representation of women in science and engineering could be due to a "different availability of aptitude at the high end," and less to patterns of discrimination and socialization.

Summers has also been criticized for the economic policies he advocated as Treasury Secretary and in later writings. In 2009, he was tapped by President Obama to be the director of the White House National Economic Council.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Larry Summers."
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