New York Fed: Brian Sack Is Out – One more resignation!...

AnaShyNa's picture

 

**Just to clarify, why they are posting date on September 14, 2012, yet they are leaving today?... They are planing to collect their salary till this date, and this is kind of reward for their service of quitting before the storm... 
They always have a chance till last moment to make their own choice, rather that others make choice for them... Please, send them lot of compassion and love, forgive their soul, yet do not forget their actions.... 
Their action are reminder for you more than anything else... That this will never happen again... NEVER... You will Never give your freedom in hands of some one else: gov, church, boss... 

You are your own sovereign being, and Sovereignty is something that we have to practice every day, every moment... 
Sovereignty is a choice to be free, without asking any others for permission... 

Sovereignty is God given, yet choice that YOU ARE has to come from YOU.. From YOU within...

 

With Love and Sovereignty, Predrag/Saint Germain
 

 

 

New York Fed: Brian Sack Is Out – One more resignation! : ) thanks to J.

Submitted by Tyler Durden
Source: Zerohedge.com

on 04/05/2012 12:13 -0400

The New York Fed’s Brian Sack, better known by everyone as the head of the Plunge Protection Team, is gone.

NEW YORK—The Federal Reserve Bank of New York today announced that Brian Sack, executive vice president and head of the Markets Group, is resigning from the Bank effective September 14, 2012.

Mr. Sack will remain in his current position as head of the Markets Group and Manager of the System Open Market Account (SOMA) until June 29, 2012, to help ensure a smooth transition. The New York Fed has started the search process for Mr. Sack’s replacement.

“Brian’s service to the Bank over the past three years has been critical to our response to the financial crisis and the country’s economic recovery,” said William C. Dudley, president and chief executive officer of the New York Fed. “I accepted his resignation with great regret and wish him well.”

Mr. Sack will step down as head of the Markets Group and SOMA Manager on June 29, 2012. He will then be placed on leave until September 14, 2012, during which he will have limited contact with the Bank and no access to Bank information, including FOMC and supervisory materials.

Mr. Sack joined the New York Fed as head of the Markets Group in June of 2009.

 

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