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Sunday, August 02, 2009

Why David Gregory’s Numbers Are Weak - Giving Summers a Pass on Bonuses

On Meet The Press, a brief exchange between Larry Summers and David Gregory perfectly encapsulates Gregory’s problem. He asked Summers, whose soporific style is hard to endure for more than a few minutes, about Wall Street bonuses. This is a good line of questioning - and a terribly neglected one. One of the great travesties (and news stories) of 2009 is the highway robbery perpetrated by the likes of Goldman Sachs.

 

Topics: goldman-sachs, summers, wall-street, banks, gregory, mtp

Posted by Peter Daou on 08/02 at 09:56 AM
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