[Reuters] – Stanley Fischer, President Barack Obama’s nominee to be No. 2 at the U.S. Federal Reserve, on Thursday defended his ties to Citigroup, saying he would have been ill-prepared for his last central banking job without his experience at the megabank. “My three years at Citigroup were the most important element in my education that enabled me to be an effective supervisor of banks, which was one of my duties as Governor of the Bank of Israel,” Fischer … [visit site to read more]
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March 13, 2014 at 14:22 PM EDT
[Reuters] – Stanley Fischer, President Barack Obama’s nominee to be No. 2 at the U.S. Federal Reserve, on Thursday defended his ties to Citigroup, saying he would have been ill-prepared for his last . . . → Read More: Stock Update (NYSE:C): Fischer defends Citi stint, toes line on Fed policy Similar Articles: The stock market is in trouble, but I’m not turning outright bearish Risk appetite weakens after Chinese tightening policy, EU finance ministers meet today Bailout World update