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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]
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To: 16yearcycle who wrote (3440)11/3/2000 10:21:20 AM
From: Gerald Walls   of 3951
 
I know you have been responded to already and I think mucho has it all right except I THINK its a 4 year term,

The Fed Chairman is appointed to a four-year term that overlaps Presidential terms. An incoming President can't replace a Fed Chairman until near the end of that President's term.

Since the Senate confirms the appointment a vindictive President theoretically can't stick his successor with a loser out of spite.
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