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Friday, May 12, 2006

A Good Summary of
the Fall of Summers.

From the Financial Times.

It includes the following Shleifer-nugget:

Summers told the academics gathered in University Hall that because of his personal links he had disqualified himself from any of Harvard’s dealings with Shleifer.

“We all saw that as a Washington lawyer’s non-answer,” a professor told me afterwards.

When pressed by [a professor] about whether he had any personal opinion about the case, Summers said he didn’t know the facts.

“A gasp went around,” said one person who was there. “The provost rolled his eyes. Afterwards, people were saying, ‘Does he think we are children that he would lie to us?’ It was the moment the presidency disappeared.”
Posted at: 5/12/2006 10:01:00 PM