Retired CEO of CHIPPEWA PARTNERS, Native American Advisors, Inc., now managing the Parisian Family Office. A White Earth Chippewa, raised conservative, he began a Wall Street career in 1982, met game changer William O'Neil in 1984. Always been, will always be, an optimist. In a world on a dopamine, hypomanic binge, this is his take on life well lived at Ghost Ranch in MT or Pamelot, their TN farm.
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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