Thursday, April 16, 2015

Bernanke to Citadel: career move or conflict?

Marketwatch reports:
Ben Bernanke’s decision to join Citadel, one of Wall Street’s biggest hedge funds, as an outside adviser was immediately received as more evidence of the revolving door between public servants in Washington and Wall Street.
Shouldn't Congress investigate whether the Federal Reserve ever used Citadel to buy futures or options?? Was this a payback?