Summers Debate With Hubbard At Steve Cohen’s House Missed Key Points
by Mark Melin
Summers’ debate with Hubbard
Summers was the flashpoint of a recent closed door debate with the conservative dean of Columbia University’s business school, Glen Hubbard. The private event, hosted at the Greenwich, CT mansion of well known hedge fund executive Steve Cohen and reported by Fox Business News, covered financial reform, “Obamacare” and taxes – but likely avoided the real issues that matter in Summers’ past.
But on this night Summers wasn’t shy about displaying his personality by doing something rarely done to male Federal Reserve Chairmen. Summers, a stalwart of the big banking elite from the start of derivatives deregulation in 1998, was openly critical of the sitting Fed Chairwoman ...read more