Lawrence Summers is President Obama 's chief economic advisor . He puts contracts legally in hands of Treasury secretary to deal with AIG problems . Summers : Pushing AIG too hard could have led to Lehman Brothers - style collapse . ` ` We ' n't put the whole economy at risk '' because we 're angry , he cautions .
Larry Summers is President Obama 's chief economic adviser . He says contracts legally tied hands of Treasury secretary to deal with AIG bonuses . Summers : Pushing AIG too hard could have led to Lehman Brothers-style collapse . `` We ca n't put the whole economy at risk '' because we 're angry , he cautions .