Thursday, 26 November 2015
Last updated 14 hours ago
Sep 22 2010 | 12:14pm ET
Lawrence Summers, who left his post at D.E. Shaw Group to return to the White House two years ago, will leave as President Barack Obama’s National Economic Council chief at the end of the year.
Summers, who previously served as Treasury secretary under President Bill Clinton, will return to Harvard University, where he was formerly president, as a professor. It is unclear whether he’ll resume his career in the alternative investment industry.
Summers’ departure is the third from Obama’s top economic team, following the exits of Office of Management and Budget Director Peter Orszag and former Council of Economic Advisers head Christina Romer.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…