et tu :Summers reports millions in earnings
Lawrence Summers, President Obama's top economic adviser, earned millions over the past year as managing director of the hedge fund D.E. Shaw Group and through speaking fees, some from financial institutions now at the center of the government's rescue program. Financial disclosure reports released by the White House show that Summers received $5.2 million from D.E. Shaw. He also reported payments for appearances before institutions such as J.P. Morgan, Citigroup, Goldman Sachs, and Lehman Brothers. Overall, Summers was paid $2.7 million for more than 40 appearances before different organizations and companies, including financial institutions. (AP)