Barry Ritholz On Larry Summers

Among other things, this post contained the gem below.  Maybe I'm an idealistic fool, but I'm hopeful that Janet Yellen gets the job and Summers gets dumped.

Random Thoughts

"• I am starting to suspect that the Larry Summers lock on the Fed Cheif position is less of a lock than previously believed. Its not just that he is an ass who does not get along with others and lacks the temperament to be Fed chief, or that his judgement is awful, or that he is one of the major deregulators who helped cause the crisis. Oh wait, IT IS ALL those things."

http://www.ritholtz.com/blog/2013/09/random-thoughts/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29

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