Shockingly poor financial management at General Motors and Chrysler weakened their case for a federal bailout, but officials feared letting them collapse, the former head of a government auto task force said Wednesday. ...more

October 21, 2009

White House economic adviser Larry Summers is holding out hope that Chrysler can stay out of bankruptcy court. ...more

April 26, 2009

President Barack Obama says the economy is starting to show "glimmers of hope." ...more

April 10, 2009

WASHINGTON (AP) - The leaders of President Barack Obama's auto industry task force said Friday the industry urgently needs an overhaul. ...more

February 22, 2009

Throughout 2008, Larry Summers, the Harvard economist, built the case for a big but surgical stimulus package. Summers warned that a "poorly provided fiscal stimulus can have worse side effects than the disease that is to be cured." So his proposal had three clear guidelines. ...more

February 1, 2009

The nastier this recession gets, the more people will talk about the discrediting of markets and the failure of deregulation. So the next time the Dow dives off a cliff, splash your face with ice water and remember two things: This end-of-capitalism talk is bunk, and it distracts us from the debate we should be having. ...more

December 5, 2008

Barack Obama has succeeded where Hillary Clinton failed. She hoped to win a third Clinton term, but it is her vanquisher who is reconstituting the Clinton administration. Obama's just-named nominee for treasury secretary, Timothy Geithner, served under Clinton Treasury Secretaries Robert Rubin and Larry Summers. Summers is Obama's choice to head the National Economic Council. Both are part of Rubin's circle, known for its brains and its relative moderation. ...more

November 29, 2008

Conservatives now have an opportunity to applaud Democratic proposals when they make sense. ...more

November 12, 2008

President Surprises Us Regarding 'Academic Goes On Offensive Against Ahmadinejad' (Other Views, Sept. 25): ...more

September 29, 2007