God Help Harvard
Somewhere along the way it became a precept of the society of copy editors: Larry Summers shall not be mentioned in any news report without the word "brilliant" in the same sentence. But this a profoundly overrated policymaker who never should have been part of an administration that came into office with a mandate for change and economic revival. This becomes a bit hard to pull off, substantively and in terms of public perception, when one of your top economic advisors is featured prominently in exposés of the backroom policy mistakes that led to the bubble and crash. Obama has no one to blame for this but himself -- especially as he retains Geithner and Bernanke, the other two in the trio.