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Emanuel Derman's Blog: Trading Places

2009 Dec 31, 1:50Har har: "I had a fantasy in which the Fed and the TSA (Transportation Security Administration) switched roles. If a bank failed at 9 a.m. one morning and shut its doors, the TSA would announce that all banks henceforth begin their business day at 10 a.m. And, if a terrorist managed to get on board a plane between Stockholm and Washington, the Fed would increase the number of flights between the cities."PermalinkCommentseconomics humor airplane emanuel-derman tsa fed government
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