Bernanke Takes Post at Brookings Institution
Source: New York Times
WASHINGTON — Ben S. Bernanke, who stepped down Friday as chairman of the Federal Reserve, has moved across town to the Brookings Institution, a research institute that is strengthening its focus on monetary policy.
Mr. Bernanke, 60, has joined the economic studies program at Brookings as a distinguished fellow in residence, the institute said Monday.
“Brookings scholars have a well-established reputation for contributing innovative ideas and trenchant analysis to economic and other public policy debates,” Mr. Bernanke said in a statement released by Brookings. “I welcome the opportunity to engage in that vibrant community through research and writing.”
Mr. Bernanke’s successor at the Fed, Janet L. Yellen, was sworn in Monday morning by Daniel Tarullo, the longest-serving member of the board of governors.
Read more: http://www.nytimes.com/2014/02/04/business/bernanke-takes-post-at-brookings-institution.html
= new reply since forum marked as read
- It's just a question of just the right amount......
- Institutions are the embodiment of imperfection. It is group-think at its absolute worst! Particularly when they are run by the 1%ers as in this case.
And as it stands, I think it's YOU who needs to reread the info. Or, not. Your choice -- I could not care less. I wouldn't have reconsidered you proposal anyway as I've always keep my own mind and never do what others tell me to do. It's one of my defining qualities.
At the end of 2004 the Brookings Institution had assets of $258 million and spent $39.7 million, while its budget has grown to more than $80 million in 2009.[64] Its largest contributors include the Ford Foundation, the Gates Foundation, Sen. Dianne Feinstein and her husband Richard C. Blum, Bank of America, ExxonMobil, Pew Charitable Trusts, the MacArthur Foundation, the Carnegie Corporation, and the governments of the United States, the United Kingdom, Japan, Qatar, the Republic of China and the District of Columbia.
Ben is such a humanitarian, after all.
