Bernanke’s post-Fed wisdom comes with a price

By Staff | May 22, 2014 | Last updated on May 22, 2014
1 min read

Ben Bernanke has been busy since stepping down as head of the Federal Reserve in February, reports the New York Times.

Read: Forgiving mortgages could’ve tempered Great Recession

He’s been on a worldwide speaking tour, with stops in Abu Dhabi, Joannesburg and Houston, to name a few.

By giving talks to bankers and executives, Bernanke now makes the equivalent of his $200,000 annual Fed salary in hours, says the Times.

He charges between $200,000 and $400,000 per speaking engagement. He’s not the only former Fed banker to make a living on the soapbox—Allan Greenspan also does public speaking.

Read more here.

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The staff of have been covering news for financial advisors since 1998.