Monday, January 30, 2012

Süßkind vs. Larry Summers

Early in Confidence Men, it looks like Ron Süßkind is auditioning Larry for a villain's role. Most interesting to me was his argument that the feminism issue was a theatrical side show on the real reason Larry got the boot as President of Harvard. Susskind says or implies that the Summers' real sin was meddling in the management of Harvard's endowment by getting it into the financial derivatives market, a venture which made a bundle at first but ultimately cost 1/3 of Harvard's ginormous endowment.