And, testifying under oath, Summers, now the president of Harvard, dismissed the adverse consequences of his friends» frisky financial behavior: «I had enough knowledge of Russian mores and Russian practices and Russian views from the
conversations that I had with Chubais and Vasiliev [senior Russian officials] to be confident that the set of issues contained the allegations were not issues that were consequential for them; and indeed that they would have, in part, valued advisers more extensively if they were more
involved in
actual private - sector activities.»