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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

Larry Summers weighs in on Court pick Kagan

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Patricia Sellers
Patricia Sellers
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By
Patricia Sellers
Patricia Sellers
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May 12, 2010, 6:23 PM ET
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Yesterday’s Postcard, “Elena Kagan: The Supreme Court’s best boss?” detailed how the illustrious nominee’s people-management skills have propelled her career.Larry Summers

Larry Summers, the President’s top economic adviser, called to add his two cents about the woman who worked with him a decade ago at Harvard. Kagan, now 50, was a relatively new professor at Harvard Law School and Summers was president of Harvard University, he explained, when there was a swirl of disagreement about whether to move the law school across the Charles River. Most faculty members were dead-set against the move, even though it would give the law school the space it needed to expand. Appointed to chair the committee to examine the issue: Elena Kagan.

Summers was blown away by her comprehensive data-gathering. She interviewed every faculty member, real estate developers, and Harvard Law alums, he recalls. Her report–“brilliant,” he calls it — helped squabbling parties come to terms on the vexing issue. The result? Harvard Law School stayed put, while Kagan “emerged from being a relatively new faculty member to being a natural leader of the faculty,” he says.

Indeed, Kagan rose to President of Harvard Law School in 2003. Summers is eager to note that besides wisely using her collegiality and consensus-building skills, “She’s also extremely fact-based. She forms judgments based on deep knowledge.”

Obviously, Summers is rooting for her Senate confirmation, which is likely. As for whether he leaned on the President to choose Kagan for the Court, no way is Summers going there. This, he says adamantly, was the President’s decision.



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