[[Lawrence Summers]] is the Director of the [[White House]]'s [[National Economic Council]] (NEC) for President Barack Obama. The NEC was established to advise the U.S. President on U.S. and global economic policy.<ref>http://www.whitehouse.gov/administration/eop/nec/</ref> Larry Summers favored the bailouts of Wall Street firms and banks.<ref>http://blogs.abcnews.com/george/2009/02/obama-administr.html</ref> | [[Lawrence Summers]] is the Director of the [[White House]]'s [[National Economic Council]] (NEC) for President Barack Obama. The NEC was established to advise the U.S. President on U.S. and global economic policy.<ref>http://www.whitehouse.gov/administration/eop/nec/</ref> Larry Summers favored the bailouts of Wall Street firms and banks.<ref>http://blogs.abcnews.com/george/2009/02/obama-administr.html</ref> |