Monday, October 19, 2009

Larry Summers: Reconciling Prudence with Profits

An excellent talk from Larry Summers-- the questions at the end are quite interesting and entertaining.

Looks like he has a sane head on his shoulders. He also self-admits to be a contrarian in his thought pattern, even though he doesn't directly invest in the market.

It is a long speech, but it well worth it. Enjoy.