Word: wessell
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
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...
...treatment worked wonders, according to both Wessel and Murray, and in his whole career at the Treasury, Summers made only one serious public relations mistake, in a meeting during his tenure as deputy secretary about repealing the estate tax. The GOP had been trying to push the measure through Congress, and Summers told a group of reporters over lunch that there was no case for it “other than selfishness...
...Wessel says Summers was very upset about the amount of “play” the story got in the national press...
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...
...Summers sailed through his years as Treasury secretary, retaining his bold hand while avoiding any major conflicts with foreign leaders or domestic policy makers. According to Wessel, the most impressive thing about Summers at the Treasury was “how hard he worked at courting the press and trying to undo this image of being Washington’s smartest klutz...