Tuesday, May 12, 2009

Former-Goldman Man Named to BIS

Imagine my surprise.

The Bank for International Settlements reports that William Dudley has been appointed chairman of its Committee on Payment and Settlement Systems.

Dudley, who became President of the Federal Reserve Bank of New York in January, takes the place of Treasury Secretary Timothy Geithner, at the BIC.

The CPSS is a very important postion for members of the cabal to control. It is comprised of central bankers and monitors risks in payment and settlement systems, while also suggesting ways to strengthen and increase the efficiency of these services.

Prior to joining the Fed in 2007, Dudley was a partner and managing director at Goldman, Sachs.

1 comment:

  1. Goldman Sachs settles with Massachusetts over subprime lending: