Read Larry H. Summer's Full Economic Disclosure Form At This Link

[Better Believe It]

http://online.wsj.com/public/resources/documents/disclosure-LSummers04032009.pdf


--------------------------------------------

But Summers -- who, as chairman of the National Economic Council, is a leading architect of the administration's economic policies and helped shape the response to the global recession -- appears to have collected the most income. Financial institutions including JP Morgan Chase, Citigroup, Goldman Sachs, Lehman Brothers and Merrill Lynch paid Summers for speaking appearances in 2008. Fees ranged from $45,000 for a Nov. 12 Merrill Lynch appearance to $135,000 for an April 16 visit to Goldman Sachs, according to his disclosure form. Summers reported donating two fees totaling $70,000, including the payment from Merrill Lynch, to charity.

In addition to his $5.2 million in salary and other compensation from D.E. Shaw, Summers received $586,996 in salary from Harvard University, where he is a president emeritus and worked as an economics professor until January, the document shows.

"Given that Dr. Summers is widely recognized as one of the country's most distinguished economists and formerly served as Treasury secretary, there was considerable interest in hearing his economic insights from companies across various industries," White House spokesman Ben LaBolt said.

http://www.washingtonpost.com/wp-dyn/content/article/2009/04/03/AR2009040303732.html?hpid=topnews

- Sure thing. He was one of the architects and prime movers of financial deregulation -

[FrenchieCat]

1. Sure thing. He was one of the architects and prime movers of financial deregulation -

So was Bill Clinton. He signed the damn things!

What about John Edwards, who work for a hedge fund as recently as 2008?

[Better Believe It]

2. You're absolutely right! And only 7 Senate Democrats voted against the deregulation bill in 1999.