Interesting blog here.
Some highlights: "Bernanke made a theoclassical economist, Patrick M. Parkinson, the head of Fed supervision. The future essay will show that this long-time Fed economist has a track record of failure because of his fundamentalist beliefs in the gospel of anti-regulation and resultant naïve beliefs that "sophisticated" market participants are impervious to fraud."
"Theoclassical" economist! That's my new favorite word...
Missing the Bigger Picture
2 hours ago