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brooksley born
She won't even watch it.
Social anthropologist Janine Wedel, author, most lately, of Unaccountable: How Elite Power Brokers Corrupt Our Finances, Freedom, and Security, has spent decades getting to the bottom of how powerful people wield influence. Truth and transparency, she warns, have devolved into a performance art.
In interviews with whistleblowers, many say that they didn't talk sooner because of their loyalty to the institutions they were a part of. Perhaps women, never being fully embraced by the institution, don't develop a deep loyalty, or perhaps only sip the Kool-Aid.
WHAT'S HAPPENING
WHAT'S HAPPENING
Obama's expected nomination of Summers was a perfect example of that critical flaw. Repeated appointments of inadequate individuals with questionable résumés -- whether out of loyalty or cronyism -- leaves the government vulnerable to recurrent failure.
For journalists who are being told what a brilliant man and insightful regulator Larry Summers was behind the scenes, here are a few items from his public record you might want to review.
There are worse things in life than terrible phone manners, imperiousness and excessive confidence, but these traits have just become more relevant amid the disclosures that Larry Summers appears to be the front-runner to take over as Federal Reserve chairman assuming Ben Bernanke steps down early next year.
Larry Summers is the wrong guy for the wrong job at the wrong time. This pick is terrible politics and worse substance.
Larry Summers for the Fed? Seriously? There are better choices for Federal Reserve chair; in particular, Janet Yellen. The White House is not actively shooting this down, and this is just an insult to American women.
