Summers: First Republic Bank Rescue Package Seems ‘Corporatist and Deal-Based Between the Government and Big Banks’  

By Editor - Sat Mar 18, 6:57 pm

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During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that the rescue package for

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Summers: First Republic Bank Rescue Package Seems ‘Corporatist and Deal-Based Between the Government and Big Banks’

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