kickbacks

Ouch! Alternet Asks the Question - Is Obama's Chief Economic Adviser Larry Summers Taking Kickbacks?

I don't like this story. Not a bit and it's making the rounds as a bombshell. Alternet is asking the question Is Larry Summers Taking Kickbacks From the Banks He's Bailing Out?:

Last month, a little-known company where Summers served on the board of directors received a $42 million investment from a group of investors, including three banks that Summers, Obama’s effective “economy czar,” has been doling out billions in bailout money to: Goldman Sachs, Citigroup, and Morgan Stanley. The banks invested into the small start-up company, Revolution Money, right at the time when Summers was administering the “stress test” to these same banks.