Word: rubins
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...time there were a bunch of us in the Treasury conference room waiting for Summers to come brief us,” says David Wessel, a Journal reporter who took up Summers coverage after Murray was promoted. “Rubin walked in and he sat down and was sort of chatting with us the way he did often. Summers came to the door, and Rubin stood up very swiftly and said, ‘Ladies and gentlemen, the Treasury Undersecretary of the United States.’ Larry blushed, and Rubin said, “Larry thinks we should...
Letting a little air out of Larry’s ego in front of the press, Wessel says, was one of the weapons that Rubin used to “prod Larry into being wiser about how he treated people in public...
According to Wessel, such things never happened after 1999, when Summers was chosen to succeed Rubin as Treasury Secretary—the most powerful, high-profile position the economist had ever taken...
Despite his optimistic predictions, any initial sense of welcome Summers might have encountered at Harvard was quickly complicated by the Cornel West imbroglio, which began within four months of Summers’ installation as president. The incident cast doubt on assurances from Rubin, who as a member of the Harvard Corporation had vouched that Summers had gotten over his bad habits during the presidential search process...
...environment simply called for greater caution and more attention to political correctness, and the diplomacy he learned from Rubin, while effective at the Treasury, was still insufficient for Harvard...