Thursday, November 6, 2008

Larry Summers, Obama's pick for treasury secretary, is a deregulation duechebag

Larry Summers and His Cute Note to Ken Lay

Holy crap.  Check this out, from HarvardWatch.

Here's the text of the letter:

May 25, 1999

   Mr. Kenneth L. Lay
   Chairman and Chief Executive Officer
   Enron
   PO Box 1188
   Houston, Texas 77251

   Dear Ken:

   Thanks very much for you kind letter of congratulations. I am grateful for your best wishes and deeply honored by the President's choice. As I said in the Rose Garden, Secretary Rubin's act is a tough one to follow and there are certainly plenty of challenges ahead. I am looking forward to the opportunity and to continuing on the course that has been set.

   I hope our paths will cross again soon.

   Sincerely,

   Lawrence H. Summers

   [Hand-written scrawl] PS - I'll keep my eye on power deregulation and energy market infrastructure issues.

Jesus.  Sign the petition against Summers.

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