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Monday, September 16

16th Sep - Special: Summers is Out!




  MAINSTREAM
Former Obama aide Summers withdraws from Fed chair consideration – Reuters

Summers Quit Fed Quest After Democrats Spurned Obama Favorite – BB

Dollar Sinks as Asian Stocks Rise on Summers; Crude Slips – BB

Pimco Says Short-Term Debt to Benefit as Summers Withdraws – BB

Summers Did the Right Thing. Now It's Obama's Turn. – View / BB

Dollar slides after Summers withdraws from Fed race – Reuters

Global stocks & bonds rally, dollar dips as Summers steps aside – Reuters



Summers’ Decision Spares Obama Intraparty Squabble – BB
Lawrence Summers spared President Barack Obama a political fight in his own Democratic Party at a time when the White House needs maximum political capital for a confrontation with Republicans over federal spending, the debt ceiling and dealing with Syria.

  BLOGS
Full Text of Summers Letter Withdrawing From Fed Consideration – WSJ

Obama Statement on Lawrence Summers – WSJ

Odds Now on Yellen to Lead Fed, but Odds Were Wrong Before – WSJ

Asia Recovery on Summers News Likely Short-Lived – WSJ

Summers to Obama: “I am writing to withdraw my name for consideration…” – alphaville / FT

Summers Withdraws Name from Fed Chair Race – naked capitalism

Larry Summers is out as a Fed chair candidate. So what now? – Wonkblog / WP

Translated into Truth: On Summers Withdrawing Name – The Big Picture

Summers over – Felix Salmon / Reuters

Bill Gross: Summers-Off Is "Hugely" Risk/Belly-On – ZH

Summers Over - Citi's Take: 10-15 bps In 10Year Downside – ZH

More Official Reactions To Summers' Stunner – ZH

Futures Soar To All Time High On Summers' Exit – ZH

Five reasons Obama should name Yellen to chair – Wonkblog / WP

Bill Gross on Summers: ‘Stocks Should Do Very Well’ – WSJ

Hilsenrath Confirms Summers Out Means Fed Business-As-Usual – ZH

Larry Summers Withdrawal: What are the Implications? – A Dash of Insight

Summers Out, Yellen In? – Tim Duy’s Fed Watch

Yellen's nomination is not a done deal – Sober Look

Summers over – Free exchange / The Economist


Summers Over – WSJ
  

Summers’s No-Show: Analysts and Investors React – WSJ
  

Wonkbook: How the Summers nomination fell apart – Wonkblog / WP


A Summers Lament – Pieria


Markets are thrilled Larry Summers won’t be Fed chair – Wonkblog / WP