Exchange Rates & Economics: George Soros, Robert Strauss, Lawrence Summers, Robert Hormats (1988)

• published: 01 Aug 2013
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Robert Schwarz Strauss (born October 19, 1918) is a figure in American politics and diplomacy whose service dates back to future president Lyndon Johnson's first congressional campaign in 1937. By the 1950s, he was associated in Texas politics with the conservative faction of the Democratic Party led by Johnson and John Connally. He served as the Chairman of the Democratic National Committee between 1972 and 1977 and served under President Jimmy Carter as the U.S. Trade Representative and special envoy to the Middle East. Strauss was selected by President George H. W. Bush to be the U.S. ambassador to the Soviet Union in 1991 and after the USSR's collapse, he served as the U.S. ambassador to Russia from 1991 until 1993. Strauss has advised and represented U.S. presidents over three administrations and for both major U.S. political parties. http://en.wikipedia.org/wiki/Robert_Schwarz_Strauss Lawrence Henry "Larry" Summers (born November 30, 1954) is an American economist. He served as the 71st United States Secretary of the Treasury from 1999 to 2001 under President Bill Clinton. He was Director of the White House United States National Economic Council for President Barack Obama until November 2010.[3] Summers is the Charles W. Eliot University Professor at Harvard University's Kennedy School of Government. He is the 1993 recipient of the John Bates Clark Medal for his work in several fields of economics. Summers also served as the 27th President of Harvard University from 2001 to 2006. Summers resigned as Harvard's president in the wake of a no-confidence vote by Harvard faculty that resulted in large part from Summers's conflict with Cornel West, financial conflict of interest questions regarding his relationship with Andrei Shleifer, and a 2005 speech in which he suggested that the under-representation of women in science and engineering could be due to a "different availability of aptitude at the high end," and less to patterns of discrimination and socialization. Summers has also been criticized for the economic policies he advocated as Treasury Secretary and in later writings. In 2009, he was tapped by President Obama to be the director of the White House National Economic Council. http://en.wikipedia.org/wiki/Lawrence_Summers Roger Charles Altman (born April 2, 1946) is an American investment banker, private equity investor and former United States Deputy Secretary of the Treasury who served under Bill Clinton. http://en.wikipedia.org/wiki/Roger_C._Altman Michael Jay Boskin (born September 23, 1945) is the T. M. Friedman Professor of Economics and senior fellow at Stanford University's Hoover Institution. He also is Chief Executive Officer and President of Boskin & Co., an economic consulting company.[1][2] Boskin holds B.A. with highest honors, M.A., and Ph.D. degrees in economics from the University of California, Berkeley, earned in 1967, 1968, and 1971 respectively. He is a member of Phi Beta Kappa.[3] He joined Stanford University in 1970. He is a Research Associate, National Bureau of Economic Research.[3] In government he is best known for serving as chair of the Council of Economic Advisors under George H. W. Bush and as Chairman of a Congressional Advisory Commission on the Consumer Price Index. That commission, known as the Boskin Commission, is controversial for introducing changes into the calculation of the Consumer Price Index that some critics believe make the index report inflation as lower than it actually is. Boskin has been a director of Exxon Mobil since 1996. He is also a director of Oracle Corporation, Shinsei Bank, and Vodafone Group plc (1999--2008). He serves on the Commerce Department's Advisory Committee on the National Income and Product Accounts. Boskin is the recipient of the Adam Smith Prize and other professional awards.[4] According to Patrick Buchanan, in Death of American Manufacturing, Boskin was sanguine about the transfer of United States manufacturing overseas. http://en.wikipedia.org/wiki/Michael_Boskin Richard Newell Cooper (born June 14, 1934) is an American economist, policy adviser, and academic. http://en.wikipedia.org/wiki/Richard_N._Cooper Rüdiger "Rudi" Dornbusch (June 8, 1942 -- July 25, 2002) was a German economist who worked for most of his career in the United States. http://en.wikipedia.org/wiki/Rudi_Dornbusch