Former Fed Governor Mishkin was paid $124,000 to write glowing report on Iceland before its Collapse
Mishkin never disclosed he was paid.
Former Fed Governor Frederic Mishkin was paid $124,000 in 2006 to write a glowing report on Iceland. He never bothered to disclosed that fact.
Moreover, the title of his report has since been change from “Financial Stability in Iceland” to “Financial Instability in Iceland”. What’s up with that?
Watch Mishkin squirm in this interview: