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"Intuitions are useless," said Alan Greenspan, a former Fed chairman.
But Laurence H. Meyer, a former Fed governor, defended Mr. Bernanke's stance.
Frederic Mishkin, a former Fed governor, once called finance "the brain of the economy".
And Frederic S. Mishkin, a former Fed governor, said that Mr. Diamond's microeconomic perspective was invaluable.
"The odds aren't zero," says Don Kohn, a former Fed vice-chairman, but they're small.
Mark W. Olson, a financial regulatory consultant and a former Fed governor, called it "eye-catching".
His name is Donald L. Kohn, a former Fed vice chairman.
Like Mayor Guiliani, who appointed him, Safir is a former Fed.
"Politicians have very short memories," said Professor Mishkin, a former Fed governor.
Alan S. Blinder of Princeton University, a former Fed vice chairman, makes a similar point.
Laurence H. Meyer, a former Fed governor, said of Mr. Bullard's new position: "This is very significant.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com