Lawrence Summers, former cabinet secretary under Bill Clinton and a past president of Harvard, has been tapped to be head of the National Economic Counsel, the top economics spot in White House, the Wall Street Journal reported tonight.
Summers is an investor in BigThink, a New York-based video site for featuring short, well-edited comments by thought leaders. Here’s a story by The New York Times from when the site launched. Not sure if Summers, in the new post, will be forced to divest what is a small investment or just become a passive investor. Peter Thiel is also an investor.
Recently, BigThink published a video of Summers speaking about the the financial crisis. I’ve published it here.
In January I interviewed BigThink co-founder Victoria R. M. Brown about the site.
— Andy Plesser, Executive Producer