The link is here, HT to Greg Mankiw for the pointer.
This is the part I like best:
Summers responded with an anecdote about how the Norwegian fund had sold short the shares of Icelandic banks, and the potential political complications those actions raised. Touché, right back! (At which point I turned to the private-equity executive sitting behind me, and said: "He's so sharp they should make him the president of Harvard." The response from the Harvard grad: "This is why he didn't make it as president of Harvard.") (Italics mine)