Mon, 04/06/2009 - 7:02pm — lambert
[Larry] Summers, the former Treasury secretary and Harvard president who is now the chief economic adviser to President Obama, earned nearly $5.2 million in just the last of his two years at one of the world’s largest funds, according to financial records released Friday by the White House.
Impressive as that might sound, it is all the more considering that Mr. Summers worked there just one day a week.
"Impressive."
I guess this proves that men really are better at math?
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hubris
it is pure hubris to imagine could do anything in the space of a day that could be worth $5.2 million.
Haw!
This reminds me why I send money to Corrente every month.
Policy not party!
But, they take the big risk, I tells ya!
Since they take the big risks, they should receive big, fat cash rewards, you know? Oh, and you folks that actually make things? Yeah, you're overpaid, business-killing leeches who need a haircut.
Bitter at the favoritism? Hell, yeah; you better believe it. And, it just keeps coming every day. Hedge funds all day, baby, and nary a laborer to be heard or seen. Change? The change is that while one administration completely ignored laborers as if they were invisible (though, a certain Clinton made it more than clear that she saw these invisible people), the other sees them only when it's to extract something from them.
But, we've always been at war with Eastasia...