iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,473 Blog Posts

Fed Day Drama: Larry Summers Goes Apeshit Over Rates on Twitter

Former Treasury Secretary, Lawrence Summers, must’ve bee seething in his office earlier this morning. He might’ve been reading over some hawkish Fed comments, regarding how the economy was ready for higher rates and how it’d be cool to diverge from the rest of to world because American exceptionalism.

But Larry wasn’t in the mood. He intercommed his secretary and told her ‘no fucking calls’, then proceeded to type feverishly on his iPhone 4, into his Twitter app, to make the case against higher rates.

BHOLD.

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Shots fired. The ball is in your court, Chair Yellen.

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3 comments

  1. stockslueth

    Must be long and unhedged.

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  2. carolina

    you’re quoted on MarketWatch

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  3. peso trader

    Lawrence just playing his part in this theatrical production…His bag of werthers has been delivered

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