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Friday, October 21, 2011

'Sen. Sanders gathers economists for his planned Private Federal Reserve Bank overhaul bill'

from the hill..........

"Sen. Bernie Sanders (I-Vt.) on Thursday unveiled a dozen economists he has tapped to help draft a plan to overhaul the Federal Reserve he says is "riddled" with conflicts of interest, among other problems.
Headlining the group are Joseph Stiglitz, a Nobel Prize winner and former top adviser to President Clinton, and Jeffrey Sachs, director of the Earth Institute and special adviser to United Nations Secretary General Ban Ki-moon.
Other economists agreeing to offer their recommendations include Lawrence Mischel, the president of the Economic Policy Institute; Nomi Prins, a former managing director at Goldman Sachs and Bear Stearns; and Dean Baker, co-director of the Center for Economic and Policy Research".............READ MORE

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