Friday, October 11, 2013

Federal Reserve Choice and her Husband Collect Stamps

The Associated Press is reporting, "Janet Yellen, the White House's choice to lead the Federal Reserve starting next year, is known as a meticulous perfectionist, an unusually accurate prognosticator and a firm believer in the use of Fed policy to reduce unemployment," and she's a stamp collector.

According to the report, "Yellen and her husband, Nobel Prize-winning economist George Akerlof, have held a mix of big-company stocks and investment funds in a trust. And they share a fondness for stamps.The two held between $4 million and $13 million in assets as of Yellen's financial disclosure report for 2012. Their stamp collection was valued at between $15,000 and $50,000."

Shown above, philatelists Janet Yellen and husband, George Akerlof. 
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posted by Don Schilling at 12:00 AM