Tuesday, August 21, 2007
Bernanke "book-smart or street-smart"? (os)
Here is a press release about the statement of Kenneth Thomas, a finance professor at the University of Pennsylvania´s Wharton School who referred to Fed´s chairman Bernanke as a "rookie mistake" because he underestimated the liquidity needs of the investors. In his opinion "This demonstrates the difference between book-smart and street-smart".
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Interest Money and Prices