XPost: alt.politics.trump, alt.politics.democrats.d, alt.fan.rush-limbaugh   
   XPost: talk.politics.guns, sac.politics   
   From: consequences@democratstupidity.com   
      
   Lawrence Summers   
   8th Director of the National Economic Council   
   In office   
   January 20, 2009 – January 20, 2011   
   President	Barack Obama   
   Political party	Democratic   
   Ancestry    	Jewish   
      
   Larry Summers has been forced out of his lucrative consulting gig at   
   ‘woke’ hedge fund DE Shaw — effectively ending the former Treasury   
   Secretary’s career on Wall Street following a scandal over his ties to   
   Jeffrey Epstein, The Post has learned.   
      
   Two insiders, speaking on condition of anonymity, said 70-year-old Summers   
   — who had sought dating advice from the dead pedophile in a trove of   
   embarrassing emails that surfaced last week — had still been listed as an   
   adviser on the hedge fund’s internal directory as recently as Friday   
   morning.   
      
   “They just terminated him,” a source told The Post after an email to   
   Summers’ DE Shaw address requesting comment bounced back.   
      
   “Larry Summers is no longer a consultant to the firm,” a DE Shaw   
   spokesperson said of the former chief economist of the World Bank, who was   
   once described by the New York Times as the company’s “marquee hire” to   
   drum up clients all over the world.   
      
   The spokesperson declined to provide further details about Summers’   
   departure from DE Shaw, which has more than $70 billion of assets under   
   management. Summers did not return further calls or emails from The Post   
   seeking comment.   
      
   He had been a consultant on macroeconomics to the secretive financial   
   giant since 2011. It is the latest blow for Summers after he was put on   
   leave from his teaching gig at Harvard University this week.   
      
   The Obama and Clinton administration alum worked for the wildly lucrative   
   investment firm “off-site” from Boston, a stone’s throw from Harvard’s   
   Cambridge campus, and reported to one of the firm’s managing directors,   
   Max Stone, the insiders said.   
      
   His first stint with the New York-based powerhouse began in 2006 when he   
   joined as a managing director, bringing with him his long-time trusted   
   adviser, Michael O’Mary, who joined the following year, according to his   
   LinkedIn profile.   
      
   The one-time Harvard president left in late 2008 to become President   
   Barack Obama’s top economics guru before returning as a consultant after   
   Bill Clinton’s Treasury Secretary quit government for the second time.   
      
   DE Shaw saw its algorithm-driven trades make it the most profitable hedge   
   fund in 2024, raking in $11.1 billion for investors, according to   
   Institutional Investor magazine.   
      
   The firm was founded by major Democratic donor David E. Shaw, who helped   
   bankroll the presidential campaigns of Kamala Harris, Joe Biden, Barack   
   Obama, and Hillary Clinton.   
      
   The company’s top brass have been some of the most vocal champions of DEI   
   on Wall Street while effectively slapping gag orders on former employees,   
   as The Post has previously reported.   
      
   The one-time president of the top college has also stepped back as   
   director of the Mossavar-Rahmani Center for Business and Government at the   
   Harvard Kennedy School.   
      
   It comes amid revelations that Summers flew to Saint James on Epstein’s   
   infamous “Lolita Express” with his wife, Elisa F. New, shortly after their   
   Dec. 11, 2005, wedding in Cambridge.   
      
   They were accompanied by the disgraced financier’s infamous British madam,   
   the socialite Ghislaine Maxwell, who was later convicted on sex   
   trafficking charges, the Harvard Crimson reported Thursday.   
      
   The island getaway came six months after Palm Beach police began   
   investigating Epstein for the rape of a 14-year-old girl, with a search   
   warrant later executed on his mansion in October 2005.   
      
   Flight logs show Summers flew to the 72-acre Caribbean island on Dec. 21,   
   2005 — and took Epstein’s jet, allegedly used to ferry victims and   
   accomplices in his sex-trafficking rings, three other times.   
      
   Emails released by a Dem-led congressional oversight panel also show the   
   two men appeared to have had a close relationship right up to Epstein’s   
   arrest in July six years ago.   
      
   The pervy pair often discussed women, politics and Harvard-related   
   business in hundreds of emails exchanged between 2013 and 2019, according   
   to the treasure trove of messages.   
      
   In one missive, Summers joked that women were less intelligent than men.   
      
   “I observed that half the IQ in world was possessed by women without   
   mentioning they are more than 51 percent of population,” Summers wrote   
   Epstein in October 2017, without providing further context.   
      
   In another online back-and-forth in March 2019, Summers asked Epstein for   
   romantic advice.   
      
   “I dint [sic] want to be in a gift-giving competition while being the   
   friend without benefits,” Summers told Epstein while discussing his   
   pursuit of a woman, adding that “she must be very confused or maybe wants   
   to cut me off but wants professional connection a lot and so holds to it.”   
      
   Summers — who helmed the elite university between 2001 and 2006 and was a   
   tenured economics professor there since 1983 — resigned from the board of   
   OpenAI, the company behind ChatGPT, on Wednesday amid a firestorm over his   
   ties to the infamous predator.   
      
   https://nypost.com/2025/11/21/business/larry-summers-forced-out-of-   
   consulting-gig-at-woke-hedge-fund-de-shaw-after-jeffrey-epstein-scandal/   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)