Skip to main content

Tim Geithner And Larry Summers Will Shock You With Their Tennis Moves

  • Author:
  • Updated:

The first because he's not a total pussy and the second because he can move. Also, according to Nick Bollettieri, the duo's coach, Big Lar doesn't smile when he's playing, which makes sense considering that while he loves tennis, it ranks third among his favorite things, which are 1) drinking diet Coke and 2) sleeping during work. For those of you who've recently received an invite to knock some balls with Obama's economic team, here's what you can expect:

A quick look at Summers suggests diving for drop shots isn't really his game, though opponents say he's deceptively agile. The typical Summers point will start with a cannon-like serve. If the return is weak, the bulky six-footer will cut the ball off and swing for a difficult angle. Each additional shot is more likely than the last to either be out or un-returnable--the shorter the rally the better. As a player, "Larry is very tenacious ... like his personality," says Bollettieri.

It may come as a surprise that the normally understated Geithner--his trademark verbal tic: "I don't know anything about this, but ..."--would play a similarly incautious game. But, decked out in tennis shorts, Geithner is wont to let it rip. "He's a little different on the court than Tim Geithner the central banker," says one colleague. "When he isn't playing well, it's because he's going for it and missing, not because he's being too careful." Though nearing 50, Geithner is a natural athlete with a runner's physique. He can materialize at net so quickly it feels like he served from mid-court, and the sight of his five-foot-eight-inch frame almost dares an opponent to lob him. This is generally not advisable, as Geithner has more impressive ups than you expect to find at a G-20 summit. One hallmark of a game with the Treasury secretary is an unusual number of overhead smashes. Geithner was, after all, a Summers protégé.

Moneyball [TNR]


Larry Summers Supposedly Too Rough Around The Edges To Be Named Fed Chairman

Who should replace Ben S. Bernanke as Chairman of the Federal Reserve when his term ends in January 2014? If anyone cared to ask us, we'd say no one: we like our Fed Chairman soft-spoken, bearded, and just as comfortable in dad jeans as they are in their bespoke Jos. A. Bank suits. But nobody asked and, according to Andrew Ross Sorkin, Bernanke has told "close friends" that regardless of whether or not Obama wins a second term, he's ready to move on. Apparently qualified successors are few and far between and while Larry Summers is said to be "at the top of the list," the fact that Treasury Secretary Tim Geithner may finally be granted freedom from his own personal Guantanamo Bay and will also necessitate a replacement who will have to work closely with the new Fed Chair poses some staffing issues, on account of the perception that Summers is somewhat difficult to work with. ...[Summers is] a serious economist who knows his numbers and has a worldview that is similar to the president’s. He would be expected to continue the loose money policy of Mr. Bernanke. But one of the knocks against Mr. Summers is that he has a reputation for not playing well with others. He has had his own run-ins with the president. And if you consider the Treasury secretary and Federal Reserve chairman as a tag team, you would have to be confident that whomever you pick for Treasury secretary would get along well with Mr. Summers. So he called some former students assholes. So he'll cut a bitch for getting between him and his steady stream of Diet Coke. So he chooses to sleep through co-workers' particularly boring presentations. So he makes female colleagues feel like "pieces of meat." So he shoots people unequivocal death stares that say, "I could have you killed and no one would find out" for the mere suggestion he might want to consider wearing socks. Is all that to say he's not an otherwise affable guy who'd make a fine workmate and prized addition to an office softball team? Casting Dual Roles At Treasury And The Fed [Dealbook]

Charlie Gasparino: Larry Fink Wants A Piece Of Tim Geithner

According to CG, there's a desk at BlackRock waiting for the former Treasury Secretary when he's ready.