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Summers the guy who permitted 2008 to happen though deregulation of and then deliberately turning a blind eye to the teetering pile of debt-amplifying derivativ
by adhesive_wombat 4y ago
Summers the guy who permitted 2008 to happen though deregulation of and then deliberately turning a blind eye to the teetering pile of debt-amplifying derivatives despite being repeatedly warned. Then he parlayed being pivotal to causing a financial crisis into Harvard presidency and millions in hedge fund consultancy. If he wasn't so obtuse, he'd have face up to the moral consequences rather then shoving fistfuls of cash into his pockets. I couldn't imagine showing my face in public after that, let alone pontificate about how terrible it is that other countries might not be all-in on American financial hegemony.