Lacker Resigns From Fed

This is developing…

  • RICHMOND FED PRESIDENT LACKER RESIGNING EFFECTIVE TODAY: NYT
  • FED’S LACKER QUITS TODAY AFTER IMPROPER DISCLOSURE: NY TIMES
  • Richmond Fed President Lacker Resigning Effective Today: NYT
  • Jeff Lacker, Richmond Fed president, says he is resigning effective today after improperly disclosing confidential Fed information, NY Times said in tweet.

*******

Statement:

*****

And from the Fed:

The Federal Reserve places a high priority on safeguarding information. We expect every employee to comply with all relevant policies and procedures, as well as our standards of conduct. Employees must review and acknowledge our policies annually. Once our Bank’s Board of Directors learned of the outcome of the government investigations, they took appropriate actions.

We are focused on moving forward within our organization—and were already underway with our presidential search, following Jeffrey Lacker’s announcement in January to retire in 2017. This search process will continue as scheduled. In the interim, First Vice President Mark Mullinix is serving as the Bank’s acting president.

Guess who gets off scot-free now?

Medley

And as a reminder…

Advertisements

3 thoughts on “Lacker Resigns From Fed

  1. Last time I checked, The Federal Reserve is owned by the following entities:
    -Rothschild Banks of London and Berlin
    -Lazard Brothers Bank of Paris
    -Israel Moses Seif Banks of Italy
    -Warburg Bank of Hamburg and Amsterdam
    -Lehman Brothers Bank of New York
    -Kuhn, Loeb Bank of New York
    -Chase Manhattan Bank of New York
    -Goldman Sachs Bank of New York

    Approximately 300 people, known to each other and/or relations of the “owners,” who hold stock in the Federal Reserve System have access to inside info. They comprise an interlocking international banking cartel of wealth beyond comprehension. This devious bunch also owns all of the gold stored at Fort Knox (the largest depository of gold in the world). Most Americans labor under the delusion that this reserve is owned by the citizens. Why am I not surprised that sub-Rosa disclosures occur?

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s