Word: feds
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...looking into the crystal ball, Fed watchers wonder whether Summers would still be a viable candidate for the chairmanship a half decade down the road...
...most critical qualities in a Fed chair is to think about how your remarks are going to be heard by other people,” says Washington Post economics correspondent Nell Henderson ’80, who is also a Crimson editor. “It would be disastrous for you to say something that was flippant or ill-informed or facetious and have the markets crash...
...Fed watchers might be less convinced that Summers has put his loose-lipped days behind...
...some experts think Summers may still have a shot at Fed chair if a Democrat occupies the White House when the post next becomes vacant...
...Fed head, says DeLong, “is a job in which in general you get little credit—and if anything goes wrong you get a good deal of blame....You don’t want someone in that job who hasn’t demonstrated the ability to survive...