#ReleaseTheMemo

#ReleaseTheMemo
212-224-3121

Tuesday, November 12, 2013

I can only say: I'm sorry, America.

As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed's first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool for helping Main Street. But I've come to recognize the program for what it really is: the greatest backdoor Wall Street bailout of all time. READ MORE

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