Richmond Fed's Jeffrey Lacker Finds Out the Hard Way Hawks Aren't Popular
Being a central banker must be a rough job these days. You get ripped on by armchair economists, left out of People's Sexiest list and will never show up in Tiger Beat magazine as a heartthrob unless you're Ben Bernanke.
Yeah OK, that's a little awkward...
For Richmond Fed's fearless leader, flying the gay flag in front of the Bank and bucking the easy money status quo just can't help Jeffrey Lacker claw his way up on the Richmond power ladder.
Holding steady at #17 on Richmond's Style Weekly 2012 Power List, one of the most powerful men in the region can't even get close to super villain Eric Cantor (who came in at #5). Has no one been paying attention? It's important stuff those guys do over at the Fed!
Oh and the Weekly nailed it: the economy still sucks. Don't blame Lacker, he can only do so much before Janet Yellen and her merry mob of money-printing morons shut him down.
Hawkishness is SOOOOO dreamy!