Bad faith and unfair dealing are appropriate concepts outside the insurance arena sometimes. Recent events have made me comment.
The number of Mr. Obama's red lines is increasing. According to Thursday's media reports, now Mr. Obama has drawn a red line around Larry Summers to head the Fed and complete the job Mr. Summers started on the economy.
This is another red line decision that Mr. Obama is punting to Congress, this time because he has to. Senate confirmation of Mr. Summers and the Depression he will finish causing to all but Citigroup and its progeny, is required.