Federal Reserve Board chair Ben Bernanke is bursting through longstanding boundaries between the Fed and the federal government, some which could fundamentally change the Fed’s place in the American economy. Is this a good thing for the independent Fed?
Guest: Roger Lowenstein, author of the bestselling “Buffett: The Making of an American Capitalist” and “While America Aged: How Pension Debts ruined General Motors, Stopped the NYC subways, Bankrupted San Diego, and Loom as the Next Financial Crisis.” Lowenstein reported for the Wall Street Journal for more than a decade. He also wrote a January New York Times cover story on Ben Bernanke.
Contributors:
Sitara Nieves
Comments [1]
Take The H Train
At farewell time on the LIRR
Whether butcher, doctor or baker
You may be going to heaven or hell
But you still have to change in Jamaica.
I'll choose the subway any day,
No extra stops pell-mell;
Express trains speed without delay
Especially to hell.
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