Mr. Summers, who, before the crisis broke out, spoke and wrote about the need for less financial regulation

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In a piece about Larry Summers' ties to Wall Street, the New York Times told readers that Summers "before the crisis broke out, spoke and wrote about the need for greater financial regulation." There may be occasions where Mr. Summers did make such statements, but he is known much more for his opposition to increased regulation. Including his opposition to increased regulation of credit default swaps when he was deputy Treasury Secretary in 1998.

--Dean Baker

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