Posted by Sean Doyle, November 17, 2010.
Benny has taken to the bond pits! Flush with cheese from his new $600 billion (federal reserve) hedge fund he started with some of his FOMC bros, Ben Bernanke has gotten into the bond trading racket. With an eye on US treasuries, "The Chairman" as he likes to be called, is looking to build a strong position in American debt. When told by some close associates that he (Bernanke) was getting a big head over his trading prowess, Bernanke responded, "George Soros ain't got nothing on me!!"
Chart Courtesy of Bloomberg Businessweek.
Buck fenny.
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