Fending off the Bernanke downgrade

Ben Bernanke’s supporters are warning that a Senate vote against the Fed chair will send financial markets tumbling.  Tim Geithner recently chimed in by telling Politico that markets would find a no vote “very troubling,” before saying that he was confident Bernanke would be reconfirmed.  Geithner’s chief mentor, Robert Rubin, deployed the very same argument …

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Bernanke lobbyist authored Enron/Cheney energy plan

The same lobbyist that sold Washington on Enron is now touting Ben Bernanke. According to Politico, former Enron lobbyist Linda Robertson has been managing Bernanke’s confirmation effort on behalf of the Federal Reserve — coaching him through the process in much the same way she coached Ken Lay and Jeff Skilling through the Washington influence …

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