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The immensely sober-sided Bank of England issued, just over a year ago, a severe critique of contemporary monetary policy, Financial Stability Report No. 13 , scoring it as far worse performing, empirically, than the gold standard.
FORBES: Yes Virginia, There Is A Constitutional Monetary Unit
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More important, Judge Pfaelzer has sided with Bank of America by dismissing it from a lawsuit involving Countrywide, saying the bank could not be held liable for rotten securities issued by Countrywide, which Bank of America purchased in 2008.
FORBES: Bank Of America Scores A Victory
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Did he get blind sided by the Swiss National Bank when they intervened in the FX market so forcing the Swiss Franc down by 8% against the Euro in day?
FORBES: Rouge Trading...Blinded By Profits