You probably know people who 'moonlight', i.e., work two jobs. You may even know someone who owns a business but also works for someone else at night. But do you know many college presidents who moonlight? I've never heard of one but Frank Rich claims that Larry Summers, while president of Harvard, worked for Taconic Capital Advisers, a hedge fund, from 2004 to 2006. Perhaps, this background made him worth $5+ million to DC Shaw last year.
It gets worse. At the same time Summers was working two jobs he castigated Cornel West for making a CD. And just recently Summers was touting a co-founder of Taconic as the person to run TARP.
Obama should be quite embarassed by his choice of Summers and Geithner. Where is the integrity he advocated as a candidate?
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