Janet Yellen Nominated for FED Chair

[rdubwiley]

[tomm2thumbs]

1. a good 'ol Brooklyn gal -- yay!!!

Ms. Yellen, like many economists of her generation, was drawn to the field by an interest in the Great Depression. Economics allowed her to combine a love for the rigor of mathematics with a desire to work on issues affecting people’s lives.

Born in Brooklyn in 1946, she was raised in Bay Ridge, a middle-class neighborhood across the waterfront from Staten Island. Her mother, a teacher with an interest in finance, stayed home to raise Janet and her brother, John. Her father, a family doctor, saw patients in a home office he closed on Wednesday afternoons so the family could spend time together.

Some of Ms. Yellen’s classmates at Fort Hamilton High School, from which she graduated in 1963, remember a smart and devoted student who seemed a little removed from their teenage world of music, parties and political ferment.




*
http://www.nytimes.com/2013/10/10/business/economy/for-yellen-a-focus-on-reducing-unemployment.html