http://www.marketwatch.com/story/sum...

Summers says U.S. acts in markets when necessary

WASHINGTON (MarketWatch) -- The U.S. acts in markets only when necessary and is trying to save them from their own excesses and improve them, White House National Economic Council Director Larry Summers said Friday. "The actions we take are those of necessity, not of choice," Summers said in remarks prepared for delivery at the Council on Foreign Relations. He said President Barack Obama didn't run for office to manage banks, insurance companies or auto manufacturers.