Stanley Fischer defends the revolving door between Wall Street and the Fed —without mentioning he’s part of it
|04/21/2017||Posted by BusinessMediaguide.Com under General World News||
Federal Reserve Vice Chair Stanley Fischer’s academic and policy credentials are hard to match. During his days at MIT’s economics department, he was a teacher of teacher, lecturing to Ben Bernanke, the ex-Fed chairman, and Mario Draghi, the current European Central Bank president.
Still, like Draghi and Bernanke, both of whom have had stints in finance, Fischer is hardly a pure academic. He spent three years working on Wall Street, where he amassed a small fortune.