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Message: Larry Summers draws salary from Roubini's company.

Larry Summers draws salary from Roubini's company.

posted on Dec 27, 2009 03:02PM

Larry Summers draws salary from Roubini's company.

Larry Summers submitted his “White House Financial Disclosure” 12 months ago revealing his part ownership of Roubini’s economic website http://www.Roubini.com (formerly RGEmonitor). In addition to this little detail, Summers was also drawing a salary from Roubini’s company and was on his board of advisers.

Some have suggested that Roubini is being influenced by the White House, while I find that hard to believe it is curious that he went out of his way to praise Summers appointment while never declaring their business relationship.

http://online.wsj.com/public/resources/documents/disclosure-LSummers04032009.pdf
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