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Richmond Fed President Lacker says he was involved with Medley leak, announces immediate resignation

Posted by Farmboy @ 14:36 on April 4, 2017  

“In his letter of resignation, Lacker admitted to speaking to an analyst at Medley Global Advisors regarding the September 2012 Fed meeting. Medley publishes analysis for hedge funds and asset managers and is owned by the Financial Times. Lacker said his actions violated Fed communications policies that prohibit “providing any profit-making person or organization with a prestige advantage over its competitors.”

http://www.cnbc.com/2017/04/04/richmond-fed-president-lacker-says-he-was-source-of-medley-leak-announces-immediate-resignation.html

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.