And who should be on the Fed board? All government employees...lol. You seriously have no idea do you? The BOG's are selected by the president and confirmed by the US senate.
Originally Posted by Static_Martyr
Private banks do not act as their own regulators or examiners genius. This entire fucking fiasco called the mortgage crisis was brought about by our own government fucking up. They fucked up big time. They eased all regulations and loan requirements, collateral requirements, income veris, employment ceris, everything.