From Ron Suskind at NPR on his new book, Confidence Men: Wall Street, Washington, and the Education of a President:
Suskind joins Terry Gross for a discussion about Obama, whom he calls “a victim of very difficult and circumstances … by virtue of being a brilliant amateur,” as well as Obama’s first economic team, led by Treasury Secretary Timothy Geithner and National Economic Council chief Larry Summers…
“Larry is of the belief of ‘first do no harm,’ ” he says. “He is very much a believer in the markets and the way the markets work and he is respectful of them. … Tim Geithner was of a similar position. Tim used to work under Larry in the Clinton administration. And Tim calls this ‘Hippocratic risk.’ Larry and Tim were almost always in [agreement] on these issues of Hippocratic risk.”
I don’t really hate Obama, but I do despise Summers, so I expect this to be the fourth book by Suskind which I will read.