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.»