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Rodge Cohen as New York Fed President?

By Anonymous

The WSJ reports a few more names on the list of candidates interviewing for the powerful position of New York Fed President.

The most intruiging one is Rodge Cohen, the legendary Sullivan & Cromwell chairman. If they could get him, Cohen would be a fantasic choice. He's incredibly well-respected on Wall Street, and few people in the world have a better understanding of the global banking system. He's already been acting as a de facto intermediary between Wall Street and the government during the financial crisis, which is essentially what the New York Fed President does anyway.

Cohen is no spring chicken though. He's thought (or, I should say, widely rumored) to be close to retirement, so I'm not sure he'd be interested in the job.

Full post as published by Economics of Contempt on January 10, 2009 (boomark / email).