Betty Liu, Bloomberg Business, Released on 4/29/16
David Stockman rips into the job done by the Federal Reserve since the financial crisis and offers his suggestions for fixing the U.S. economy and monetary policy.
David Stockman is a former Republican congressman from Michigan and was President Reagan’s budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman’s Contra Corner, and he is the author, most recently, of The Great Deformation: The Corruption of Capitalism in America.