Gun Fight at OK Corral - Former Bank of England Policy Maker Slams Fed in Jackson Hole meeting

There is a Federal Reserve symposium in Jackson Hole and one, slammed the Fed.

The Fed listens to Wall Street and believes what it hears,'' Buiter said yesterday in a paper presented to the Fed's conference in Jackson Hole, Wyoming. ``This distortion into a partial and often highly distorted perception of reality is unhealthy and dangerous.