Ben Bernanke is paid more in three hours for chit chatting with a bunch of billionaire hedge fund managers than 5 households making the median ANNUAL income of $50,000 bring home in an entire year. Who benefited from Bernanke’s QE and ZIRP? This couldn’t possibly be a Wall Street payoff for a job well done. Right?
They call this free market capitalism. I’d call Bernanke a whore, but that would be an insult to all whores.
Ben Bernanke to address eight top hedge funders
Former Federal Reserve chairman Ben Bernanke was booked for an intimate dinner Wednesday to address eight masters of the universe at Le Bernardin, we hear, including hedge funders David Einhorn, Louis Moore Bacon, Larry Robbins and Mike Novogratz.
Sources said Bernanke’s expected to make about the same $250,000 fee he commanded at a recent Abu Dhabi speech.
A spy said topics would include “the 2008 banking crisis, the current state of affairs in Washington and monetary policy” at the dinner hosted by trading firm BTIG, which was co-founded by former Goldman Sachs partner Steven Starker.
Bernanke will reportedly get another $300,000 for an upcoming talk in Turkey this year.
Fed..a symbol of integrity? BAAAAAAAHHHAAAA!
Horseshit. The topic is going to be “OK Benny, when does QE end and when do your statist money cartel buddies start raising rates?” These are the $trillion dollar questions easily worth the $250k ticket price.
The ber nake is working for his own wants and desires. Just like most Americans. Also just like most Americans he has a rather elevated view of himself knowing the common folk are idiots whom he has the misfortune of having to take care of. He feels he is so smart only he the few like him can save us from others like him. Lol. Can’t make this shit up. FUBAR
Some Americans are so entitled, they don’t even know they are. A friend I went to school with, who is from South America, was really surprised about how “choosy” Americans are about food, dress, housing, etc. They feel they deserve the best, sometimes without a clear reason as to why or what it really means. So not to expect that Bennie the Savior would feel like that would be rather crazy.