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.
Looking back at that photo
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 …