Goodbye Larry?

Thrust back into the spotlight by this recent New York Times article Larry Summers is back on the brink of keeping his job. Two days after it was published Tradesports added the contract and a vulgar banner ad to their front page.

“Summers’ future will be decided by the Harvard Corporation, the University’s highest governing body, not by public opinion—but that hasn’t kept people from being interested in speculating on what Summers’ fate will be.

Visitors to Tradesports.com yesterday were greeted with a banner ad that read, “Larry Summers in Hot Water Again!?,” next to images of the Harvard insignia and of Summers’ head hovering above a boiling cauldron.”

The Crimson


This is from the WSJ released a little after 4am today, “Calls for Mr. Summers's departure from faculty critics have escalated in recent days, while his supporters complain that he hasn't responded with his customary vigor.” The article also says that the issue is still up in the air but Mr. Summers does seem to have lost the unconditional support that he enjoyed during the women in science scandal.

The Trade: Buying in up to the 60 level and scaling out leading up to the vote. A battle for his life and he is on a “ski vacation”?!?! Either he is really confident or he has already given up.