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FBN's Willard: Jail the Head of New York Fed

Here's a teachable moment: Bad things can happen when the government intervenes in the economy, which Fox Business Network host Cody Willard pointed out on his "Shot Clock" segment on "Happy Hour." Willard, on FBN's May 4 "Happy Hour" used part of his segment to call for the jailing of the New York Fed's chairman, Stephen Friedman. "New York Fed [Chairman] Stephen Friedman - this guy belongs in jail," Willard said. "This is the head of the New York Fed - Stephen Friedman guys." Willard was referring to a report in the May 4 Wall Street Journal that questioned Friedman's current ties to Goldman Sachs (NYSE:GS) while playing an instrumental role in shaping Washington's response to the financial crisis late last year. Willard explained that Friedman was able to profit after Goldman was approved to be a bank holding company in late 2008, making it eligible for a $10-billion capital injection. ....

New York , United States , Tim Geithner , Stephen Friedman , Cody Willard , American International Group , Fox Business Network , Goldman Sachs , New York Fed , York Fed , Street Journal ,

Revolution Investing: The stock market is in no man's land. Prepare to cash in when the turnaround comes

Revolution Investing: The stock market is in no man's land. Prepare to cash in when the turnaround comes
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