Saturday, August 31, 2013

Oh The Hubris, The Hubris

Journalism is never having to say you were wrong. This is from February, 1999. It is looking more and more likely that Larry Summers, the one on the right, will be rewarded by being named the next head of the Fed...although there is still hope for a couple of others.
Federal Reserve Board chmn. Alan Greenspan (C) flanked by Treasury Secy. Robert Robin & Deputy Treasury Secy. Lawrence Summers. Inset:s: The Clintons by Doug Mills-AP; engraving  Shakespeare by Martin Droeshout-Granger Collection


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