The CEO of Princeton Economics
Australia’s House Economics Committee may be cringe-inducing at times, but at least they generally know who they are talking to. Here’s Representative Marcy Kaptur, D-Ohio, grilling Fed Chairman Bernanke at a Budget committee hearing:
KAPTUR: Number three, seeing as how you were the former CEO of Goldman Sachs, what percentage level—oh, investment—were you not…
BERNANKE: No, you’re confusing me with the Treasury Secretary.
KAPTUR: I got the wrong firm?
KAPTUR: Paulson. Oh, OK. Where were you, sir?
BERNANKE: I was a CEO of the Princeton Economics Department.
KAPTUR: Oh, Princeton. Oh, all right. Sorry. Sorry.
Also caught on Youtube.
posted on 17 January 2008 by skirchner
in Economics, Financial Markets
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