Ex-Goldman Sachs chiefs are pulling the levers of power

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Jun 18, 2007
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How the vampire squid is controlling our lives: They helped cause the crash. Then profited from it. Now, from the Bank of England to the Fed, ex-Goldman Sachs chiefs are pulling the levers of power


Amid the recent management shake-up at the top of the Bank of England, as it was dragged into the investigation of the alleged fixing of the £3 trillion-a-day foreign-exchange markets, one crucial appointment went almost unnoticed.

While public attention was understandably focused on an Egyptian-born mother of twins becoming only the second female deputy governor of the bank, the far more influential appointment was that of economist Ben Broadbent.

As the new deputy governor for monetary policy, he is now the predominant voice on the future direction of interest rates.


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Vampire squid controls our lives: Power of ex-Goldman Sachs chiefs | Mail Online