How Fischer could bring damage control skills to Fed
The man credited with bringing Israel through the recession smoothly, Stanley Fisher, has been offered the vice chairmanship at the U.S. Federal Reserve.
"He's been offered the job" the source, who declined to be named, said. The source added that the process would still require approval by the U.S. Senate.
World-renowned economist Fischer ran the Bank of Israel for eight years until he stepped down in June and was widely credited with guiding Israel through the global economic crisis with minimal damage.