David Wolman of The New Yorker takes a look at the reasons behind the two-year delay in the introduction of the re-designed $100 bill. Apparently, the Bureau of Engraving and Printing, or BEP, as it’s known in the Beltway, has some issues with bleeding ink. “The cause of the latest blunder is something known as…… Continue reading Ben’s Latest Makeover
Category: u.s. treasury
OWS: A Sustainable Stage Show?
Occupy Wall Street Photo-Op (photo: Kathy Williams/AP)Since learning (and writing about) the Occupy Wall Street protesters’ pro bono use of a PR firm to ratchet up media coverage of their actions — versus their call-to-actions — I have viewed the movement with a jaundiced eye.No. I have nothing against the use of PR to help…… Continue reading OWS: A Sustainable Stage Show?
The lead op-ed in today’s New York Times features U.S. Treasury Secretary Timothy Geithner explaining in his own words the rationale and machinations behind the bank stress tests whose results will pop big time later today.Already, the Treasury Dept. selectively leaked some of the test’s more tantalizing tidbits in an effort to temper the anticipated…… Continue reading Stress Reduction