he went off to work with larry meyer for a while, and now we welcome him back to the fed family. you can go down the list. there are an incredible number of people who are in these meeting who know what was happening inside these redacted conversations that they don't want to show us, and now they're working inside financial institutions today; is that correct? >> right, and larry meyer, the one referenced in that bernanke quote, started a firm called macroeconomic advisers, which has won a number of awards for predicting macroeconomic trends, and they sell those predictions, those forecasts, to clients for a serious amount of money. david stockton is another one who left for macroeconomic advisers. that's three folks who have been in those meetings, take that information they know about in the most powerful federal bank in the world, then go and set up a company that specializes in forecasting what the economy is going to do which is related to what the fed is going to do, and they make a killing off of it. so they have that information because they were in those meetings. we do

. >> larry meyer started a firm called macroeconomic advisers, which has won a number of awards for successfully predicting macroeconomic trends. and they sell that -- those predictions, those forecasts, to clients for, you know, a serious amount of money. if those three folks that have been in those meetings take that information they know about the most powerful central banks in the country, in the world, and then go and set up a company that specializes in forecasting what the economy is going to do which is relate to do what the feds are going to do, and they make a killing off of it. so they have that information because they were in those meetings, weç don't. i was frankly surprised they sent us a binder at all. >> we start with a friend of the show, bernie sanders. senator, what is the legal protection that allows individuals who attend meetings like this to work as financial professionals at subsidized banks that have federal bank charters and yet the american taxpayer who pays for the whole thing even years after, we still can't get real transparency from the organization and the admin

and larry meyer former federal reserve governor and manage director of macro economic advisor.sman is in d.c. gentlemen, welcome to all of you. randy, why don't you tell us what you think is going to happen because my guess is we're not going to hear a whole lot at least not in this statement. >> there's been very little new data to change the fundamentals of the statement. there's been somewhat disappointing employment report but not off the rails. but i think the discussion in the, in the press conference will be very interesting because operation twists, the purchase of the longer term securities, selling of the shorter term securities is supposed to be coming to an end in the middle the year and the chairman will want to give owe guidance. he doesn't want to leave that until the june meeting. that's something very interesting. >> all right. what do you think, larry? >> i think the statement is the least interesting of what we're hearing today, no change in the policy message at all. we got the forecast coming out and as randy said not a throat say about that. a few changes

larry riley. a nice guy. he is going to become a scout. bob meyersgeneral manager as the warriors start to gear up and put on a happy face. >> the head of the players' union sure loves his family. word has leaked out that tepees family members and their respective businesses almost $5 million sent 2001. they work for the union. since-20 01. this came to light wind derrik fisher asked for a review of finances. hunter asked for sure to resign. fisher has refused. right now, they're going back and forth. no crime accusations but it is still being investigated. that is a lot of nepotism of $5 million. >> this man is going to miss seven games. one more than a regular season and the first six of the playoffs. he will be able to come back for the finale. war quilmes two games of the second series. and it is funny how they do this. this was released at 8:00 p.m. tonight to dampen a very ugly incident. he will be out seven games. the nba batts plead kovaleski miniatures to moving to brooklyn. >> if you do not want to stay with you know what you. i do not want

meyers has been promoted to general manager. myers is only 37 years old, he came to the warriors one year go after a successful career as an agent. he went to ucla and replaces larryey who will stay with the club as the director of scouting. >> i think that i have learned how to communicate can speak a language that a player can relate to and understand. and, i think that will be beneficial for the team. i think it will be very beneficial for what we're trying to accomplish. i heard the saying saying " you cannot insure success can deserve it ". so i will tell you that we will work with our staff, to deserve to be successful. >> the nba has suspended the lakers world peace formally known as ron artest. seven games for that elbow to the head of james hartley suffered a concussion and has yet to be cleared to play. world peace could miss six playoff games as a result. the sharks are not alone. detroit, chicago and vancouver were also sent home early to watch the senate cup playoffs. the sharks have a lot time to consider a city to make major changes to a team that reached the final four the previous two seasons. one consideration maybe age, three of the sharks main