WHO DO YOU THINK BERNANKE WAS WORKING FOR?

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Posted on 28th March 2014 by Administrator in Economy |Politics |Social Issues

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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.