• News

    Paul Krugman Forces Obama Back To The Drawing Board

    Sayeth Kruggles: “Yes, I’ve heard about the notion that I should be nominated as Treasury Secretary. I’m flattered, but it really is a bad idea. Part of the reason is that I am indeed the World’s Worst Administrator — and that does matter. Someone else can do the paperwork — but an administrative job requires making hiring and firing decisions, it means keeping track of many things, and that, to say the least, is not my forte…officials inside the administration can of course have even more influence — but only if they’re good at a very different kind of game, that of persuading the president and his inner circle in behind-closed-doors discussion. And everything I know about myself says that I’m not very good at that game. By my reckoning, then, an administration job, no matter how senior, would actually reduce my influence, leaving me unable to say publicly what I really think and all too probably finding myself unable to make headway in internal debates.” [NYT]

    / Jan 7, 2013 at 5:59 PM
  • Banks

    Minor UBS Shareholder Wants Everybody Out, Has A Few Ideas About Future Leadership

    Over the weekend, the UBS board appointed Sergio Ermotti interim CEO, following Oswald Gruebel’s resignation. This was a good start, but not enough, according to Ethos Foundation head Dominique Biedermann, who only owns a 0.1% stake in UBS but feels strongly his opinions are good ones and should be heard. First off, Biedermann wants Chairman […]

    / Sep 26, 2011 at 2:32 PM
  • News

    Paul Krugman Nominates Alan Greenspan For Worst Ex-Fed Chair In History

    And a current and former Fed chair discuss legacies over IM. GaldalFed: oof GaldalFed: brutal Maestro69: what? GaldalFed: re: Krugman… Maestro69: hold GaldalFed: the post…about your FT thing GaldalFed: k Maestro69: no idea what you’re talking about Maestro69: was the guttersnipe trying to blame me for that contracted period of economic dislocation? he needs new […]

    / Mar 30, 2011 at 2:07 PM
  • News

    This Is A (Kenny Powers-Inspired?) Music Video Nominating Elizabeth Warren As “Sheriff” Of The Bureau of Consumer Financial Protection

    [WW via Heidi Moore] No comment on the lyrics but tell me the dancing moves aren’t extremely reminiscent and most likely inspired by these?

    / Aug 16, 2010 at 3:45 PM
  • News

    Who Could Take Over For Ben Bernanke?

    Neither Warren Buffett nor myself think or want it to come to this (the sex machine and I like our Fed Chairmen soft-spoken, bearded, and outfitted by Jos A. Bank) but some people– Barbara Boxer, Byron Dorgan, Russ Feingold– have forced our hand. In the event Benj is not in fact confirmed, who should take […]

    / Jan 22, 2010 at 12:45 PM

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