Another one of Obama Economic Advisors Bites the Dust: Larry Summers Leaves in November

They are falling like dominoes. Now Lawrence Summers another of President Obama  advisers is on the way out. It expected that Summers is leaving some time in November. This is the third member of the President Economic Panel that left since August.

Last month Budget Secretary Peter Orzag announce that he was leaving by November. Before that Christina Romer the Concil of Economic Advisers resigned in August to return to teaching at University of California, Berkeley(UC Berkeley.)

Speculation is Summers is heading back to the private sector or academia.

This leaves Treasury Secretary Tim Geithner as the only original member of the White House economic team.

Bloomberg News


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