Altman Replacing Summers?

November 17, 2010 6:39am by Barry Ritholtz

Summers was a disaster. He torpedoed real reform, and kept the Obama White House on the same path as the Bush White House when it came to bailouts.

Bloomberg: Roger Altman, founder of Evercore Partners Inc. and a former deputy treasury secretary, is a leading candidate to replace Lawrence Summers as director of President Barack Obama’s National Economic Council, according to two people familiar with the matter.

WSJ: Roger Altman, a Wall Street executive who was deputy Treasury secretary early in the Clinton administration, visited the White House on Tuesday to discuss leading the president’s National Economic Council. The administration’s interest in Mr. Altman is a sign that the White House is still pursuing a top corporate executive to succeed economist Lawrence Summers.

I’d like to learn more bout Altman. Is he a creature of Wall Street, or can he be an objective policy maker?

See also:
Altman Is Said to Be a Leading Candidate to Replace Summers
Hans Nichols
Bloomberg, Nov. 172010
http://noir.bloomberg.com/apps/news?pid=20601108&sid=agEenQ7PgVMg

Altman Is a Candidate to Succeed White House’s Summers
ELIZABETH WILLIAMSON
WSJ, NOVEMBER 17, 2010
http://online.wsj.com/article/SB10001424052748704312504575618980662463928.html

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