the fed

New Reports Show Economists Paid by Very Industry They're Supposed to Objectively Analyze

New Reports Show Economists Paid by Very Industry They're Supposed to Objectively Analyze
Have you ever wondered why an economist would say that giving tax cuts to the rich makes the economy better? Or why they say that getting rid of unions is good for the economy? It turns out that many of the industry's experts are paid quite handsomely — by the very industry that they're supposed to be analyzing without bias.
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Judge: The Fed's Obligations to Goldman Sachs Not as Important as Public's Right to Know

Judge: The Fed's Obligations to Goldman Sachs Not as Important as Public's Right to Know
A federal judge rejected the Federal Reserve Bank of New York’s plea to seal documents in a wrongful termination lawsuit filed by a former bank examiner who claims she was fired for doing her job. “I am not convinced that anything will be accomplished to seal or redact a complaint that is publicly available,” U.S. District Judge Ronnie Abrams said.
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Jake Bernstein
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