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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (44125)1/9/2006 7:54:45 AM
From: Crimson Ghost  Read Replies (1) of 116555
 
Interesting that amid all the the corruption accusations, there never is even a hint of impropriety at the Fed despite the enormous money that can be made by advance knowledge of their actions.

I suspect this reflects the fact that a scandal at the Fed would be far more damaging to the system than corruption in Congress or the Executive branch. The Fed likely is just as corrupt as other institutions, but the incentive to cover up wrongdoing is much greater IMHO.
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