A Stunning Leadership Vacuum

Ruth Sherman — Mon, 22 Sep 2008 08:01:22 -0400

Since my topic is leadership, it is timely to comment on the goings on in the world of high finance. In addition, my base of operations is none other than Greenwich, CT, an epicenter of the disaster. Greenwich, as many know, is often described as the leafy suburb of New York City that is home to many titans of industry including several in the news this week, such as Richard Fuld, CEO of now bankrupt Lehman Brothers, as well as legions of investment bankers and corporate lawyers who count as my neighbors.

The Federal Open Market Committee

Chip McCorkle and Kate Rockwood — Wed, 17 Sep 2008 01:31:38 -0400

(Counterclockwise from bottom center)

Ben Bernanke, Fed Chairman:

A scholar of the Great Depression, Bernanke blames the Fed for causing it. "We're very sorry," he told Milton Friedman on his 90th birthday. "But thanks to you, we won't do it again." Fittingly, the former Princeton prof has fought recession harder than inflation.

Charles Plosser, Philadelphia Fed President: