Are Fed Officials Throwing Main Street Under The Bus?

Jon Alternative Media, Blogosphere, Economy, Fiscal Policies, Gold, Government, Precious Metals

Via Birch Gold Group,
Earlier this month, Richmond Fed President Jeffrey Lacker was forced to resign after admitting that he leaked confidential information to the financial press. And Fed Vice Chairman Stanley Fischer just gave a closed-door meeting to high level industry insiders.
Accidentally On Purpose
Richmond Fed President Jeffrey Lacker is now at the center of a major legal probe after he disclosed confidential information about the regional bank’s asset acquisition plans to Medley Global Advisors in 2012 – supposedly, he wants us to believe, by ‘accident’.
In a report published by Medley, several confidential pieces of the regional bank’s plans were accurately predicted, with Lacker cited as a source. Upon these revelations, Lacker claimed he must have confirmed the confidential information by accident during an interview with the firm.

This post was published at Zero Hedge on Apr 28, 2017.