Operations Management - Hope Springs Eternal

Hope Springs Eternal

-- Joe the Trader * 12:06 pm April 13, 2009 * Post a comment

“Joe the Trader” chronicles his experiences with life after Wall Street. This article is published in full from Recessionwire.com.

On March 15th, in a remarkable show of transparency for a Federal Reserve governor, Ben Bernanke was interviewed on 60 Minutes. He sounded much like Chance the Gardener from Jerzy Kosinski’s Being There. In the classic novel and later movie, a simple gardener is released into Washington D.C. after the death of the man he has spent his life working for. Taken in by an advisor to the president who mistakes his name for the patrician sounding Chauncey Gardiner, Chance charms everyone with his botanical observations, which are misinterpreted as sage economic, financial and political allegories. In the spirit of the season, Chairman Bernanke said he saw signs of economic green shoots emerging. I sure hope that his comments were more valuable than a rambling gardener’s.

Than again, I’m not big on hoping. As a professional investor, I knew that if I was ever hoping, I was ...

To read this article, please subscribe or take a free trial.

Subscribe Subscribers have unlimited access to all current content, email alerts and breaking news. Start your subscription today - click on the button below. Subscribe		Free Trial Taking a free trial will give you access to the current issue, email alerts and breaking news for a limited period. Start your free trial today. Free Trial

Already Have An Account? Username: Password: Remember Me

Covering TransactionProcessing Issues BeforeThey Clear and Settle

Hope Springs Eternal

Covering Transaction
Processing Issues Before
They Clear and Settle