From Mish's Global Economic Trend Analysis:
Former Fed Governor Frederic Mishkin was paid $124,000 in 2006 to write a glowing report on Iceland. He never bothered to disclosed that fact.
Moreover, the title of his report has since been change from "Financial Stability in Iceland" to "Financial Instability in Iceland". What's up with that?
Watch Mishkin squirm in this interview.
Read full article (with video)…
More fraud and corruption:
This could be the greatest tragedy of the 21st century
Bernanke and Geithner caught in outrageous bailout lie
NY Congressman Rangel FINALLY busted for ethics violations