From the Washington Post: "Larry Summers, the director of the National Economic Council, will return to a teaching position at Harvard University at the end of the year. 'I will always be grateful that at a time of great peril for our country, a man of Larry's brilliance, experience and judgment was willing to answer the call and lead our economic team,' said President Obama of Summer's impending departure."
"Summers leaves as the economic recovery limps along with unemployment stuck near 10 percent. He would be the third high-level member of the Obama economic team to leave this year, following the departures of budget director Peter Orszag and Christina Romer, head of the Council of Economic Advisers." (Fox)
The Economic (bad) Dream Team (left to right): Summers, Peter Orszag, Timothy Geithner and Christina Romer...
And then there was one: Geithner - last man standing...
At least I think he's standing...
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