San Francisco Chronicle | Why Larry Summers Bailed on the Fed Businessweek Late Sunday afternoon, Larry Summers, the presumed frontrunner to replace Ben Bernanke at the Federal Reserve, withdrew his name from consideration in a letter to President Obama. The news came as a shock — but perhaps it shouldn't have. Although ... ASIA CREDIT CLOSE: Bullish bond investors, short-covering prompts strong rally FTSE 100 gains on Summers and Syria, with airlines gaining ground as oil slips The Emerging Markets Had A Huge Day |
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