Larry Summers discusses the economy, globalization, and the impact of President Obama's re-election on the the global economy and explores the possibilities for the future with CNBC contributor Karen Finerman.
Karen Finerman has been President of Metropolitan Capital Advisors, Inc. since 1992 when she co-founded the firm. She is a contributor to CNBC's Fast Money. Prior to June 1992, she was the lead research analyst for the risk arbitrage department at Donaldson, Lufkin & Jenrette. Karen received a B.S. in economics from the University of Pennsylvania's Wharton School in 1987, with a concentration in finance. She is on the board of the Michael J. Fox Foundation for Parkinson's research and is also a Trustee of the Montefiore Medical Center in the Bronx, where she serves on their Investment Committee.
Lawrence H. Summers
Larry Summers is President Emeritus of Harvard University. During the past two decades he has served in a series of senior policy positions, including Vice President of Development Economics and Chief Economist of the World Bank, Undersecretary of the Treasury for International Affairs, Director of the National Economic Council for the Obama Administration from 2009 to 2011, and Secretary of the Treasury of the United States, from 1999 to 2001. He received a bachelor of science degree from the Massachusetts Institute of Technology in 1975, and was awarded a Ph.D. from Harvard in 1982. He is currently the Charles W. Eliot University Professor at Harvard University.
Former U.S. Treasury Secretary Larry Summers evaluates the accuracy of The Social Network and it's portrayal of his real-life meeting with the Winkelvoss twins. He says his experience as President of Harvard University taught him that "if a college junior is wearing a suit and tie on a Tuesday afternoon there are two possibilities."