The scariest movie of the year? “Excuse me, you can’t be serious. If you would have looked, you would have found things”

Tyler Durden at ZeroHedge points out this video of Columbia University economist Fredric Mishkin who has changed the title of his 2006 pen-for-hire paper on Iceland’s economic state from Financial Stability in Iceland to Financial Instability in Iceland. Some time ago we penned a post, titled”Mishkin On Iceland: “Nothing Is F*#&ed Here Dude” which discussed [...]

Tryggvi Thor Herbertsson, MP for the Independence Party has revealed that he received a 2 million ISK payment for the report he did with Columbia professor Frederic Mishkin in 2006. The report was paid for by the Icelandic Chamber of Commerce and was used as the main counterweight by Icelandic businesses and politicians against foreign [...]

Mishkin has been a consultant to the World Bank, the Inter-American Development Bank, and the International Monetary Fund, as well as to numerous central banks throughout the world. He was also a member of the International Advisory Board to the Financial Supervisory Service of South Korea and an adviser to the Institute for Monetary and [...]