I think it may be, but not in the way implied by the movie. Charles Ferguson makes a big deal out of the fact that Glenn Hubbard, Frederic Mishkin, Larry Summers and Martin Feldstein were paid well by financial institutions and governments who wound up becoming major contributors to the crisis. HIs implication is that [...]
Goldman Sachism?
Economics Real Estate
Comments Off
Jan 052011
I enjoy Felix Salmon and Mark Thoma's blogs a lot. In the last day, both have lamented the possibility that Gene Sperling might replace Larry Summers; their grounds are basically that he is a protege of Robert Rubin and that he took money to work (essentially) as a consultant for Goldman Sachs. I suppose I [...]