There's a New Sheriff in Town

Submitted by Rich Toscano on February 1, 2006 - 9:47am

Gentle Ben is now at the helm. My friend Tim Iacono said it best:

These were the photos in the Wall Street Journal write-up for the [Federal Reserve] policy announcement. Can you tell who's coming and who's going?

I suppose I should write a missive about how things might go down now that Bernanke has taken over the Fed... but I pretty much already wrote it back in October when they announced that Benito had gotten the nod. Good luck, Ben... you're going to need it.

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Submitted by mikesheffler on February 1, 2006 - 3:56pm.

Looking back at that photo of Ferguson, I really, really wish he had gotten the nod. The name is good too. Think of the articles we could've had when the economy (inevitably) slumps: Widely criticised as the least effectual Fed in in the last fifty years, Roger 'Turd' Ferguson has presided over six straight quarters of economic decline ...