Friday, December 13, 2013


 But what a rumor it is and at this stage it appears to be more of a trial balloon.

Slowly the word leaked out that the now-empty seat of Vice Governor of the Federal Reserve, made such by the ascendancy of Janet Yellen,  would be offered to Stanley Fisher who not long ago resigned as Chairman of the Central Bank of Israel.

Before speaking on the matter I'd like to see confirmation because this is one of the most significant developments of the year.  But allow me to express this view: Stanley Fisher is probably the smartest guy in any room he's ever been in--save at the most one or two.  He's is also, as the Brits would say, "a Gent."  I'm in such a good mood I'm really looking forward to the weekend…even with 8 inches of snow.

1 comment:

  1. Fisher probably couldn't have even been considered had not Carney gotten the BofE gig.