Thursday, October 20, 2011

Fed Matters: Because A Great Nation And Its Artists And Scientists Deserve An Honest, Intelligent, And Functioning Financial System

... "The [Government Accountability Office] made four recommendations to the Fed. It urged the Reserve Banks to broaden the pool of candidates it considers as directors, including those who are not senior executives of private organisations; to clearly document the role and responsibilities of their directors; to have a clear process for granting waivers to ethics and eligibility policies for directors; and to make public governance documents such as bank bylaws.

In a letter responding to the GAO, Ben Bernanke, chairman of the Fed, said that all four recommendations had merit and that the central bank would work to implement them."

Financial Times


A New Look: Samuel F. B. Morse's Gallery of the Louvre
Through July 8, 2012
West Building, Main Floor

Known today primarily for his role in the development of the electromagnetic telegraph, Samuel F. B. Morse began his career as a painter. One of his most important works is on loan from the Terra Foundation for American Art — the newly conserved Gallery of the Louvre (1831–1833).

Image credit: Copyright © 2011 National Gallery of Art, Washington, DC


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