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Geithner, Summers Rumored for Treasury Position

HeadlineNov 06, 2008

Meanwhile, names are already surfacing for the Treasury Secretary position. Candidates for the post include New York Federal Reserve president Timothy Geithner and Lawrence Summers, who headed the Treasury under President Bill Clinton. Summers resigned as president of Harvard University two years ago amidst uproar over his suggestion that women have less innate scientific ability than men. In 1991, while working as chief economist for the World Bank, Summers wrote an infamous memo that advocated exporting the pollution of industrialized countries to the third world, which he called “underpolluted.”

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