“The hiring of private firms to provide ‘independent’ advice to both the Treasury Department and the Federal Reserve raises concerns about potential conflicts of interest, according to a letter written by the Project on Governmental Oversight (POGO) and delivered to key members of Congress.
. . . .
‘POGO is concerned . . . about the conflicts of interest that could arise if these fund managers are also investing in the same types of assets for their private clients.'” (Read more from huffingtonpost.com)
The line bw government and business is now perverted. The best thing government can do is stay out of it, and leave us all alone.