Search Results for
October 27, 2023 | The American Prospect
Will Anyone Hold Larry Summers Responsible for His Promotion of a Crypto Scam?
The prominent centrist economist was affiliated with the disgraced crypto firm DCG for over half a decade.
October 19, 2023
RELEASE: Corporation Long Advised by Larry Summers Faces Federal Court Order After Refusing To Comply With SEC Subpoena
Revolving Door Project Executive Director Jeff Hauser released the following statement in response to Southern District of New York Judge Jed Rakoff’s court order demanding Genesis Global Trading comply with the SEC subpoena:
October 06, 2023
How Do You Get Tricked By The Effective Altruist Schtick When The Guy Is In Jail?
Somehow, Author Michael Lewis Has Fallen For SBF’s Unkempt, Well-Meaning Genius Gimmick That Beguiled Most Of DC And The Media. He’s Held On To This Idea Almost A Year Since Bankman-Fried Was Exposed.
September 22, 2023
Harvard Professor Uses This One Weird Trick To Sound Smart
Predicting things accurately is hard and saying there are 50/50 odds makes it sound like you’re just guessing. Why not say “there’s a one in three chance” instead?
August 29, 2023
Yet Another Reason To Ignore The Hacks At CRFB
Joe Biden has no interest in an Obama-style grand bargain to cut Social Security, but Republicans on Capitol Hill are still searching for neoliberal, ostensibly Democratic partners to force bipartisan cuts to the program. On Friday, August 18th, Senator Bill Cassidy (R-LA) took time out of his August recess to tweet “The 2020 election was not stolen, but Social Security is going insolvent. That is what we should be talking about.” A Republican senator advocating Social Security cuts is nothing new, but in a reply to his first tweet, Cassidy attempted to start a conversation within the Beltway by tagging more than a dozen “wonks,” wannabe wonks, and opinion columnists. Among them were two purportedly nonpartisan hacks known for their influence over moderate Democrats — Maya MacGuineas and Marc Goldwein of the Committee for a Responsible Federal Budget.
August 29, 2023
RELEASE: Revolving Door Project Decries Fed’s Lack Of Action On Climate Risk Mitigation At Jackson Hole Summit, Calls For Immediate Change Of Course
Rather than rise to the occasion, Jerome Powell was cowed by preemptive Republican attacks on climate risk mitigation, failing to fulfill his obligation to protect the financial system from excess risk.
August 24, 2023 | The American Prospect
Jay Powell’s Legacy Depends on Whether He Steps Up on Climate Risk
In advance of his Jackson Hole speech, the Fed chair has neglected his role of ensuring the safety and soundness of banks with substantial fossil fuel assets.
July 28, 2023
The Democratic Party Has Moved Past Larry Summers. Why Can’t The Media?
Reporters Need To Toss Outdated Rolodexes And Contact New Economic Minds. If Summers Can’t Even Stand Moderate Democratic Policy Priorities, How Can He Be A “Democratic” Talking Head?
July 21, 2023
Can We Keep This Anonymous?
Irresponsible press coverage isn’t limited to Washington as Hollywood journalists take cues from Trump’s White House Press Corps by providing anonymity to sources where there should be none
June 09, 2023
Hack Watch: End Crypto’s Presumption Of Legitimacy and Other Quick Hits
It’s Time That The Media Accept What Even Wall Street And Venture Capitalists Have – Crypto Is One Massive Grift. Those Involved With It Should Be Treated Accordingly.
May 30, 2023
Being A Board Member Is Hard, Just Ask Larry Summers
Former Secretary of the Treasury Larry Summers recently learned that making business decisions can be hard even if you’re an economist. Or, alternatively, Summers has again proven to be a real-life embodiment of an economic “rational individual;” willing to do whatever maximizes his personal interests, regardless of broader consequences. If true, this further demonstrates why the press needs to end their reliance on Summers for economic speculation – because his judgment is for sale.
May 19, 2023
It’s Time To Discuss The Real Stakes Of Negotiating The Debt Ceiling
May 12, 2023
The Right And Wrong Ways To Interview Elite Economists
March 31, 2023
Hack Watch: Steve Rattner, SVB, And Selective Expertise
A wealth manager with a history of breaking the rules should not be the authority on bank regulation.
March 09, 2023
Revolving Door Project Warns Of Crypto-Friendly Congressmen Ahead Of Subcommittee on Digital Assets, Financial Technology, and Inclusion Hearing
The Bipartisan Group That Once Defended Crypto Firms From SEC Investigations May Have Gone Silent In Recent Months, But Their Crypto Loyalties Remain.