In this clip from The Macro Show, Hedgeye CEO Keith McCullough rails on Dallas Fed President Robert Kaplan. This follows recent news that Kaplan is resigning from his post amid public scrutiny of his trading activities while serving as a senior Fed official.
"You took a position of power to get yourself a seat in government, then took advantage of that information to trade millions and millions of dollars on it.
That's an effing disgrace. People are pissed off, and you don't even have it in your spine to apologize." –
“First off, it’s an embarrassment to the United States of America. Secondly, you know better. And third, shame on you for not apologizing. To say that you’re resigning because you’re ‘distracted,’ come on.”