Newsweek's Jacob Weisberg is tired of people picking on Robert Rubin. Sure, his critics to point to his involvement in the financial deregulation of the 1990s and his disastrous tenure at Citibank, but they're wrong. At least that's what Weisberg tries to argue in his column "In Defense of Robert Rubin" (5/10/10). Weisberg admits early on that he "helped Rubin write a memoir," but not to worry–this column is all Weisberg. And hewrites: "To me, the most wrong-headed accusation is that Rubin prevented effective regulation during the Clinton years." This is a false chargebecause Rubin's "view has always been that [...]
Nov
07
2008
Two Views on Larry Summers
The relentless speculation over who should be in Obama's cabinet continued in the Los Angeles Times, where readers were clued in to the debate over naming Larry Summers Treasury Secretary: Obama faces conflicting advice from his close advisers, from Capitol Hill and from important Democratic constituencies. Some argue that, with the economy gripped by a deepening crisis, he needs the country's best and brightest to help him deal with it, chief among them Summers. Others warn that Summers' sharp elbows and his penchant for controversy could make him a damaging distraction at a time when the nation and the new [...]
