Bloomberg Television
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The Stock Market Isn't Driving Short-Termism: Larry Summers
Posted
October 24, 2020
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9:30Now PlayingOct.23 -- Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor and adviser to Democratic presidential nominee Joe Biden, rejects the idea that the stock market is encouraging short-termism. He points to Tesla as an example of the ability of companies to get capital for long-term developments and investments. He joins David Westin on "Bloomberg Wall Street Week."
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