Parisian Family Office, CEO. Began Wall Street, 1982. Founded investment firm, CHIPPEWA PARTNERS, Native American Advisors. Active Trader. White Earth Chippewa Tribal member. Was NYSE/FINRA arb. Conservative, raised on Great Plains reservations. Pureblood, clot-shot free. In a world elevated on a dopamine binge, this is his take! Written from MT Ghost Ranch on the Yellowstone River, TN farm Pamelot or San Jose del Cabo, Mexico, CASA TULE'. Always been, will always be, an optimist.
Monday, September 16, 2013
Janet Yellen, palm reader extraordinaire..............
As the
following excerpt from a 2010 FCIC hearing, noticed first
by the NYT, demonstrates, if this is the best Fed head replacement we can do
then we may as well fast forward to the Great Financial Crisis ver 2.0:
“For my own part,” Ms. Yellen said, “I did not see and did not
appreciate what the risks were with securitization, the credit ratings agencies,
the shadow banking system, the S.I.V.’s — I didn’t see any of that coming until
it happened.”
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