Here's the confidential memo that helped rip apart global financial regulation.
Facebook Twins Respond to Larry Summers' 'Asshole' Comment
Cameron and Tyler Winklevoss have responded to Larry Summers, the former Harvard president who earlier this week said of his first encounter with the litigious dyad (famously dramatized in The Social Network), "One of the things you learn as a college president is that if an undergraduate is wearing a tie and jacket…
Larry Summers to Leave White House
Barack Obama's top economic adviser, Larry Summers, will leave his post in November and return to Harvard.
Behold the Power of Alan Greenspan

ABC's This Week with George Stephanopoulos scored higher ratings than NBC's Meet the Press for the first time since 1999 this past weekend. Stephanopoulos' guests on the show were Alan Greenspan, Timothy Geithner and Larry Summers. [Yahoo]
Tim Geithner Is Just Like You and Me
You probably assumed the job of Treasury Secretary came with half a dozen manservants. It doesn't, apparently. Tim Geithner was in New York City today to appear on a panel moderated by Time managing editor, Richard Stengel. Before the event kicked off, though, Geithner was spotted at the Starbucks downstairs. Buying…
Sleeping Habits of the Rich and Famous
For years, doctors and researchers have stressed the importance of getting eight or nine hours of sleep. Sleep-deprived zombies can take heart in the list of people who do with much less: Barack Obama, for example, says he gets by with just four hours a night and yet he still seems capable of, like, running the…
Lawrence Summers Is Asleep at All Times
Financial genius Lawrence Summers, the man who is saving our economy, fell asleep at a White House meeting today. Again!
Code Pink Strikes Again
For the second time this week, Code Pink managed to crash a televised speech on the economy and unfurl one of their giant banners. This time the victim was Larry Summers, who was addressing the Economic Club in Washington when several people ran on the stage. ("He is a toxic mess!" one activist shouted.) And just how…
Stocks Slip, Summers in the Spotlight
• Wall Street retreated this morning after a four-week rally amid concern about the banking sector and after IBM's attempt to buy Sun unraveled. [WSJ, CNN]
• The latest Washington official facing questions about potential conflicts of interest: Larry Summers, who collected $5.2 million in 2008 working one day a week…
Steve Rattner Is a Mercedes Man
Politico.com has concluded a groundbreaking investigation into the cars owned President Obama's cabinet members and top aides. And what did they find? A very sorry state of affairs, that's what. Treasury Secretary Tim Geithner is the proud owner of a 2008 entry-level Acura TSX, and he previously owned a 1999 Honda…
AIG In the Crosshairs—Again
• Is AIG officially the most despised company in America? Following the disclosure over the weekend that execs planned to go ahead with $165 million in bonuses to top execs comes word that a good deal of the billions in bailout money it received went to banks like Goldman Sachs ($12.9 billion), Merrill Lynch ($6.8…
Important Auto Industry News
"[White House National Economic Council Director Lawrence] Summers owns a 1995 Mazda Protege that's registered in Massachusetts." [Detroit News]
Are Our Economic Masters' Ring Fingers Long Enough?
Men with unusually long ring fingers are more likely to be either a successful stock trader, or gay. So what does that tell us about the government's wise men patching up the economy?
Obama's Economic Superman a Creepy Campus Skulker
You may have heard that Larry Summers, Barack Obama's chief economic advisor, has a controversial past. In 2006, protesters at Harvard University demanded he resign as president after he made remarks suggesting women were congenitally dumb. So what did Summers do?
The Fun, Sexy Guys Who Would Save The Economy
There is one heartening thing that we can take from President-Elect Barack Obama's appointment of controversial ex-Harvard President Larry Summers as head of the National Economic Council. In the face of some opposition from those within his coalition, Obama appointed Summers to the role. It follows that the former…
Sheryl Sandberg, Facebook stuck with each other
President-elect Barack Obama has picked Tim Geithner, president of the Federal Reserve Bank of New York, rather than former Harvard University president Larry Summers, as Treasury secretary. That makes it unlikely that Facebook COO Sheryl Sandberg, who worked for Summers when he ran the Treasury for Bill Clinton, will…
Washington could call for Facebook's Sheryl Sandberg
Facebook's COO is mounting yet another PR offensive. But not on behalf of her current employer, though it could use some good press. No, Sheryl Sandberg is defending former boss Larry Summers against charges of sexism. Summers, who was Treasury Secretary under Clinton, is being talked up for the same role in Barack…
