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Monday, February 07, 2011

King Under Fire In USA

The New York Times has launched an extraordinary personal attack on Mervyn King (Governor of The Bank of England).

"A central banker need not be loved, but at the least he should command respect — and in Britain these days Mervyn King cannot count on either."

"... His January speech, while carrying all the quirky earmarks of a King address — he began and ended with quotes from “Anna Karenina” — came across to many analysts as unusually prickly rather than as a measured analysis of the British economy...
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One has to ask, who in the New York Times has Mr King upset and what is the "game being played" here?

There is more to this than meets the eye.

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