“The hour is the time when Ben Bernanke must shuffle off to some post where he will do less damage. The man is the person (man or woman) who will take his place in the padded chair. As to Yellen, Summers and Kohn, we would reject them all. Clearly, none has any idea what is coming his way or he wouldn’t want the job. But this is a minority opinion. So let’s keep an open mind and examine each of these fish separately. Janet Yellen has three things going for her. According to Alan Blinder’s recent piece in The Wall Street Journal, she (1) is a woman, 2) is a good diplomat and (3) has been around the Fed since 1990 and nothing bad has happened.”

http://moneytalks.net/topics/bonds/9523-and-the-next-fed-chairman-will-be-.html

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