Larry Summers has a rather low opinion of the Winklevoss twins

Former Harvard president: 'Rarely have I encountered such swagger'

Don't count on Cameron and Tyler Winklevoss "friending" Larry Summers on Facebook any time soon. Or Google+, for that matter.

Summers, who was president of Harvard when the Winklevii and Mark Zuckerberg were attending the university in 2004, had some tarty things to say about the twins in an interview with Aspen Institute's Walter Isaacson Tuesday at Fortune's Brainstorm Tech conference in Aspen, Colo.

(Also see: Keep your rich, square-jawed chins up, Winklevii!)

The twins, as most of us know by now, have been fighting an ongoing battle in U.S. courts to abrogate a $65 million settlement with Facebook and its founder, Mark Zuckerberg, who the Winklevii insist stole their idea and then sneakily hid how valuable the social networking company actually was during settlement talks in 2008.

But back in 2004, the Winklevii turned to Harvard's illustrious leader to help them with their "Zuckerberg problem." They were not well-received. Take it away, transcript:

MR. ISAACSON: So was that scene in The Social Network true?


DR. SUMMERS: I've heard it said that I can be arrogant.


DR. SUMMERS: If that's true, I surely was on that occasion. One of the things you learn as a college president is that if an undergraduate is wearing a tie and jacket on Thursday afternoon at three o'clock, there are two possibilities. One is that they're looking for a job and have an interview; the other is that they are an a**hole.

(Laughter; applause.)

DR. SUMMERS: This was the latter case. Rarely, have I encountered such swagger, and I tried to respond in kind.

And this from the former president of Harvard, not to mention a D.C. insider!

Now, I'm not in the business of defending the Winklevii, but let's not rule out the possibility that they might have been on the way to a formal kegger when they swung by the Harvard president's office. Granted, it's Harvard, but it's still a college!

Oh, the former Treasury Secretary also told the Fortune conference attendees that the country may be heading toward "financial Armageddon."

Even if that happens, something tells me the Winklevii will retain their swagger.

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