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Members of the board to be announced: Austan Goolsbee as staff director and chief economist; William H. Donaldson, SEC Chair, 2003-05; Roger W. Ferguson, Jr., president and CEO, TIAA-CREF; Robert Wolf, chairman and CEO, UBS; David F. Swensen, CIO, Yale University; Mark T. Gallogly, founder and managing partner, Centerbridge Partners L.P.; Penny Pritzker, chairwoman, Pritzker Realty Group; Jeffrey R. Immelt, CEO, GE (parent company of NBC News); John Doerr, partner at Kleiner, Perkins, Caufield & Byers; Jim Owens, chairman and CEO, Caterpillar Inc.; Monica C. Lozano, publisher & chief executive officer, La Opinion; Charles E. Phillips, Jr., president, Oracle; Anna Burger, chairwoman, Change to Win; Richard L. Trumka, secretary-treasurer, AFL-CIO; Laura D'Andrea Tyson, dean, Haas School of Business at the University of California at Berkeley; Martin Feldstein, professor of Economics, Harvard.
i agree. it seems like a non brainer even to someone who does not know too much about economy. its almost like they are filling the world with fear and making things worse for a reason. BUt WHAT IS THE REASON????
Originally posted by invisibleman11
i agree. i think there were too many signs and top economist warning the government of a comming monetary "perfect storm" and the government did nothing . the government loves these crises all it does is give them more power and money i.e stiumulus bills filled with nothin but pork and money for the politicians pet projects. they engineer and alow things like this to happen so the people will beg for their help at any cost