There's credit to go around.  This is from PEN-L (perhaps) youngest member,
which I haven't yet finished reading (but it's upcoming in my reading list):

http://www.nakedcapitalism.com/2013/09/larry-summers-versus-dodd-frank.html


On Sun, Sep 15, 2013 at 6:23 PM, Robert Naiman <[email protected]
> wrote:

>
> The world is definitely improving. I get to claim victory on a MoveOn
> petition three weeks in a row.
>
> ---------- Forwarded message ----------
> From: POLITICO Breaking News <[email protected]>
> Date: Sun, Sep 15, 2013 at 3:55 PM
> Subject: POLITICO Breaking News
> To: [email protected]
>
>
> President Barack Obama announced that Lawrence Summers has withdrawn his
> name from consideration as the next chairman of Federal Reserve.
>
> Here is the full statement: "Earlier today, I spoke with Larry Summers and
> accepted his decision to withdraw his name from consideration for Chairman
> of the Federal Reserve. Larry was a critical member of my team as we faced
> down the worst economic crisis since the Great Depression, and it was in no
> small part because of his expertise, wisdom, and leadership that we
> wrestled the economy back to growth and made the kind of progress we are
> seeing today. I will always be grateful to Larry for his tireless work and
> service on behalf of his country, and I look forward to continuing to seek
> his guidance and counsel in the future."
>
> For more information... http://www.politico.com
>
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>
>
> --
> Robert Naiman
> Policy Director
> Just Foreign Policy
> www.justforeignpolicy.org
> [email protected]
>
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