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ChicagoTeamster

(194 posts)
14. But Larry Summers also sponsored Barack Obama into Illinois politics. That's why he ran for state Senate.
Sat Nov 15, 2025, 03:44 PM
Saturday

It was in 96 when Clinton was in office and Summers was Treasury Secretary. Obama ran for US Senate in 2004 and then President in 2008. I think Summers was then President of the World Bank when Obama was President. Maybe they're connected through Chicago financial people, I don't know for certain. Obama had to rescue the US economy after the housing investment market crash. Probably better that he was president when that happened than McCain. God only knows how Republicans would have tried to exploit that.

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