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The Fox and the Henhouse

3 Pages Posted: 28 May 2010  

Steven Maser

Willamette University - Atkinson Graduate School of Management

Fred Thompson

Willamette University - Atkinson Graduate School of Management

Date Written: May 26, 2010

Abstract

Why should the GAO audit the Fed? Assigning the GAO to protect us against political favoritism looks a lot like asking the fox to guard the hen house. What we really want to know is whether or not the Federal Reserve’s asset purchases, loans and guarantees make money for the taxpayer. We have access to this information already.

Keywords: GAO, Federal Reserve, Audit, Bid protest

JEL Classification: E58, H57, H83

Suggested Citation

Maser, Steven and Thompson, Fred, The Fox and the Henhouse (May 26, 2010). Available at SSRN: https://ssrn.com/abstract=1616451 or http://dx.doi.org/10.2139/ssrn.1616451

Steven M. Maser

Willamette University - Atkinson Graduate School of Management ( email )

900 State Street
Salem, OR 97301
United States

Fred Thompson (Contact Author)

Willamette University - Atkinson Graduate School of Management ( email )

900 State Street
Salem, OR 97301
United States
503-370-6228 (Phone)
503-370-3011 (Fax)

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