There's some speculation, including on the front page of WSJ, that President Obama may name former Xerox CEP Ann Mulcahy as Director of the National Economic Council to replace Larry Summers.
I googled Mulcahy to see what kind of views she has about economics. I found nothing. She is on the board of Citi, though.
Her appointment would mean real power moves to Austan Goolsbee.
Here's a short video of her claiming she's "long" Buffet, Murdoch, and US equities, and "short" the USD:
ReplyDeletehttp://www.youtube.com/watch?v=4-vDCYF1-v4&feature=related