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> If Yellen wanted to sell out, she would have worked in industry What do you think Yellen is going to do 4-8 years from now?
by _qulr 6y ago
> If Yellen wanted to sell out, she would have worked in industry
What do you think Yellen is going to do 4-8 years from now?
- joshuamorton 6y agoRetire, possibly get a boardship or hot the speaking circuit again. She'll be eighty, she's not going to get an industry position.
- _qulr 6y agoI would consider the speaking circuit to be an industry position. A very lucrative one.
- joshuamorton 6y agoThe comment you replied to presented an industry position as the alternative to what she was doing, speaking. So if you're going to reframe those as equivalent, you should have stated that originally.
- juancb 6y agoWould sitting on one or more boards not be an option for Hellen and would those not be industry positions?
- joshuamorton 6y agoI don't really consider a boardship an industry position. Like, you have executives at some companies serving on boardships in unrelated industries. They aren't working two jobs.
- mywittyname 6y agoShe left a top position at the Fed several years ago. If she didn't go into the private sector after that, it's unlikely that she has any desire to do so, ever.
- _qulr 6y agoShe did go into the private sector. How are these paid speaking engagements not private sector?
- mywittyname 6y agoShe didn't take a job as a managing director where she actually has decision making power. That's what people mean by going into the private sector. What she did was give glorified TED Talks to a group. It's a performance.
- _qulr 6y ago> What she did was give glorified TED Talks to a group. It's a performance. Even more reason to think that it's "selling out" and not "real" work.
- CalChris 6y agoJanet Yellen is 74. I would expect that she would retire or do what she has done, teach or research. She was at the Brookings Institution after being Chairman of the Fed. I suppose she could have been a senior VP at Goldman Sachs if she had wanted to be, but apparently she didn't.