Word: rubins
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...Rubin-Summers treasury team will long be remembered as a really imaginative and creative,” Rogoff says. Together, the two introduced the inflation index as a measure of the country’s economic health and engineered “mundane and archaic ways of raising money, reducing debt and lowering interest costs. They really ruled the roost in the Clinton administration...
...Rubin-Summers team was particularly successful because each player brought different skills to the administration...
...They were more than just partners. Their personalities really seemed to complement each other,” says Aida Alvarez, a former member of the Harvard Board of Overseers who was instrumental in selecting Summers as president and worked with Rubin on a small business mentorship program. “Larry had a more academic background and [Rubin] had a more business background,” she says...
...Rubin and Summers spent over six years together in the White House. Podesta said Summers would accompany Rubin t o management meetings each day. “We understood that they complemented each other. They were a bit yin and yang,” Podesta says...
...Although Rubin denies extensive involvement in Summers’ selection as the University’s next president, it took three key phone calls from him to defuse Harvard Corporation concerns about rumors of Summers’ temper...