New York Fed Goes Through Hiring Spree

ft.com:

The Federal Reserve Bank of New York is aggressively hiring traders as it seeks to manage its burgeoning securities holdings, making the central bank one of Wall Street's most active recruiters of financial talent.

The New York Fed the arm of the US central bank that implements its monetary policy plans to increase the staff in its markets group to 400 by the end of the year up from 240 at the end of 2007.

Read the whole story: ft.com

Comments

[munki]

11:58 AM on 08/12/2009

They are trained in practical, now train them the CFR... codes and how to audit!

[senorlou]

03:55 PM on 08/11/2009

Great. Put the people who destroyed Wall Street in charge of the Fed. Wonderful. Can't we just give these guys railroad jobs? We'd all be better off. They would too.

[spinns17]

12:43 AM on 08/12/2009

they might derail a train ,not a good idea.

[Sundialsvc4]

01:57 PM on 08/11/2009

Anyone see a slight conflict of interest here?

Ladies and gentlemen, please sit back and watch as the entire United States Treasury is, literally, gambled away right in front of your eyes.

Be afraid. Be very afraid ...

[sonofsamphm1c]

01:56 AM on 08/12/2009

No thanks.

Be brave. It's always best to have guts.

[lib liberal]

11:53 AM on 08/11/2009

The disconnect between the problems facing main street and Washington keep widening. For the past 6 month's we're nothing but talk of regulation, but zero action. What a joke.

good articles... http://www.iamned.com

[blisster]

11:39 AM on 08/11/2009

And the American public gets ready to resume the position.....

[senorlou]

03:56 PM on 08/11/2009

We've remained in position forever.

[spinns17]

11:18 AM on 08/11/2009

http://nywebfarm2.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=WHM%3ALN&sid=a_PbD2ozgvt0

[ThatOne4Me]

11:16 AM on 08/11/2009

Restarting the financial bubble?!?

[themodernleader]

10:52 AM on 08/11/2009

Banking is back to pick the remaining morsels from the American economic carcass. Their other role is to loan and manage the American bankruptcy. The winners are the finance. The losers are the American people and America's future.

[spinns17]

10:23 AM on 08/11/2009

lets make sure the crooks have a job.lol
http://video.google.com/videoplay?docid=7065205277695921912

[Raster]

10:19 AM on 08/11/2009

Of course, it's a revolving door at the Fed with banksters, stocksters, and insurance fraudsters.