bernanke

The article makes a good point, but it assumes that Bernanke will somehow exploit his former position.

Can you point to specific actions Bernanke took as Fed Chairman that you think he is now being paid for?

If Bernanke was in charge of HF regulation and made special rules that helped Citadel and then went to work there..that's an issue.

No, but the SEC does, and to say that Bernanke is familiar with the leadership at the SEC would be the understatement of the century.

While Greenspan certainly did his part to inflate the housing bubble, he had little to do with the incredible slowness that Bernanke had recognizing the problem.

You want me to point out a moment where Bernanke is corrupt, but I'm suggesting that the setup itself is the corrupt part.

Honestly, Citadel is getting exactly what they deserve: Ben Bernanke missed the biggest economic event in three generations, despite having all the resources of the Federal Reserve.

On the same grounds Bernanke could advise the US the cut their grotesquely large military expenses and donate some of it to Greece so they can pay off their debt.

I listened to Bernanke talk about this once.

) is at least accurate: Bernanke will be an adviser.

From my relatively few and junior years in the global macro space, I didn't get a feel that Bernanke would be a particularly egregious case of this; he struck me as an honest man and competent academic (even if I'm not a fan of his policies); as for what it's worth, seemed Trichet.

- Bernanke has never worked in private industry before - The Fed doesn't regulate hedge funds or HFT firms (Citadel has both) They're hiring him because he's going to be amazing in front of new LPs when Griffin raises funds.

That aside, I "feel" (based on living in Germany) that Bernanke is correct with his suggestions of where Germany could move.

"Helicopter" Ben Bernanke was roundly mocked for his comment that the Fed should just throw money out of helicopters, but that would probably be both more equitable and yield faster, more easily controlled effects on the economy.

(In different ways than US policies, but still, makes "Helicopter" Ben Bernanke's interventions look like the amateur leagues.) Economists continue to worry and it's not 100% clear that China will continue to function after a real economic crisis.

If the article is on to something, then Bernanke's role will most likely be lobbying and not risk analysis, etc.

Bernanke doesn't suggest things that he believes are harmful or less good for Germany itself.

The bulldozing-mountains example is purposefully over-the-top (I believe I first heard it in an article by Bernanke[0]).