Posted in August 2013

HUFFINGTON POST | Federal Reserve Employees Afraid To Speak Put Financial System At Risk

August 28, 2013 – Shahien Nasiripour of the Huffington Post reports:  Regulators overseeing the nation’s largest financial institutions are distrustful of their bosses, afraid to speak out, and feeling isolated, according to a confidential survey this year of Federal Reserve employees. The findings from the April survey of roughly 400 employees, presented to Fed staff during multiple … Continue reading

SAN FRANCISCO CHRONICLE: Yellen better choice than Summers as Fed chief

August 6, 2013 – Andrew S. Ross of the San Francisco Chronicle reports: Judgment calls. In this corner we have Janet Yellen, former UC Berkeley professor, former CEO of the San Francisco Federal Reserve Bank and current Vice Chair of the Board of Governors of the Federal Reserve System in Washington. In the other corner, we have Lawrence Summers, former president of Harvard University, … Continue reading