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November 6, 2008

Geithner, Summers Rumored for Treasury Position
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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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