The announced departure of Lawrence Summers as the president's top economic adviser is welcome news.
U.S. Deputy Treasury Secretary Lawrence Summers rushed to the capital just a day later.
The advisors, including outgoing National Economic Council Director Lawrence Summers, energy policy czar Carol Browner, and V.
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Names circulating for the secretary of the treasury position include Timothy Geithner, Lawrence Summers and Paul Volcker.
CNN: Official: Obama could name more administration picks Friday
The latest high-profile departure from the Obama administration is Lawrence Summers, the head of the National Economic Council.
Timothy Geithner and a few of his predecessors, Henry Paulson, John W. Snow (2003-2006) and even Lawrence Summers (1999-2001).
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Mr Geithner learned about crisis management as an aide to Lawrence Summers who rose to Treasury Secretary under Bill Clinton.
Lawrence Summers, who served as Harvard's president from 2001 to 2006, is currently heading the White House's National Economic Council.
White House economic adviser Lawrence Summers said the proposed fee was structured to give financial firms incentives to avoid excessive leverage.
Among the panelists were former Treasury Secretaries Lawrence Summers and Robert Rubin, former Fed Chairman Paul Volcker and billionaire businessman Warren Buffett.
At dinner with a group of journalists, U.S. Treasury Secretary Lawrence Summers was similarly unhelpful about how long the U.S. boom could last.
One indication: Deputy Treasury Secretary Lawrence Summers last week accused those who propose repealing the tax of "selfishness, " but then issued a public apology.
They invited Federal Reserve Board Chairman Alan Greenspan and Deputy Treasury Secretary Lawrence Summers over to Capitol Hill to give their views on the prospect.
When he got there, he found Robert Rubin and Lawrence Summers, the twin titans of Clintonian neoliberalism, who had jetted in on a private plane.
Wolin, an attorney, previously served as Deputy General Counsel at Treasury under Secretary Robert Rubin and as General Counsel at Treasury under Secretary Lawrence Summers.
He's already put together a veteran team of advisers--including former Treasury Secretary Lawrence Summers and former Federal Reserve Chairman Paul Volcker--to help him with the transition.
Lawrence Summers, America's treasury secretary, attracted attention recently when he likened the new-technology boom to a positive supply-side shock, the converse of the oil-price shocks of the 1970s.
All this high-flying adventure--plus some bad bets on Harvard's part in the interest-rate swap market that had apparently been the brainchild of former university president Lawrence Summers--created a perfect financial storm.
Things calmed down in March, 2008, when Zuckerberg hired Sheryl Sandberg, a veteran of Google who was the chief of staff for Lawrence Summers when he was Secretary of the Treasury.
Assuming that Greenspan would retire in 2004, names that get bandied about on Wall Street include former Treasury Secretary Robert Rubin, current Treasury Secretary Lawrence Summers and Blinder for a Gore selection.
So it was a pity that Lawrence Summers, America's deputy treasury secretary, felt obliged to complain last week that Japan was doing too little to boost its domestic demand and its imports from America.
If Geithner turns out to be his pick, it means Obama passed over several experienced hands who were considered favorites for the job, including former Treasury Secretary Lawrence Summers and former Fed Chairman Paul Volcker.
Both Robert Rubin and Lawrence Summers explain to him that the globalization and deregulation of finance that they helped to bring about when they were in government was a historical inevitability, not a policy choice.
And he is doing this while his colleagues Timothy Geithner and Lawrence Summers, the Treasury Secretary and the director of the National Economic Council, are charged with rescuing the national banking system and the automobile industry.
That's the moniker Time magazine gave the trio of then-Federal Reserve Chairman Alan Greenspan, Treasury Secretary Robert Rubin and Deputy Treasury Secretary Lawrence Summers in 1999 as they tried to mop up a bevy of global financial crises.
But last Friday many observers were disappointed that the president-elect didn't make any further personnel announcements after meeting with an all-star cast of economic advisers that included former Federal Reserve chairman Paul Volcker and former Treasury secretaries Robert Rubin and Lawrence Summers.
Some of the people thought to be under consideration for the post are scheduled to attend the meeting Friday, including former Treasury secretaries Lawrence Summers and Robert Rubin, business professor and former head of the Council of Economic Advisers Laura Tyson and former Federal Reserve Chairman Paul Volcker.
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