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Summer(s) Ends Early on Wall Street; What Now?

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Markets Rejoice: Larry Summers Won't Be Next Fed Chairman

September 15, 2013 9:11 PM EDT

In an event Sunday that will likely be very market pleasing, controversial Federal Reserve Chairman pick Larry Summers has withdrawn his name for consideration for the important job of replacing Ben Bernanke. The withdrawal comes as rumors have been rampant that Mr. Summers would be named by President Obama as soon as this... More