October 24, 2005
Ben Bernanke Will Be New Fed Chief
It looks like CEA chair and former Fed governor Ben Bernanke will be announced as Greenspan's replacement at 1pm.
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Larry Kudlow's reaction is "good choice" though I get the impression that he's not doing cartwheels. Check his site for updates.
For what it's worth, the market shot up as soon as this information came out.
UPDATE: 2:30pm
Kudlow's "bullet points" and Greenspan gives a "thumbs up".
Posted by: Gary at
12:54 PM
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There's also this, which doesn't bode well:
http://www.nationalreview.com/nrof_comment/tamny200508110924.asp
Posted by: rightwingprof at October 24, 2005 04:34 PM (/IE5Q)
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