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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?
BERNANKE: Yes.
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.
(LAUGHTER)

Also caught on Youtube.

posted on 17 January 2008 by skirchner in Economics, Financial Markets

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