There are rumors that one of the functions of Hurricane Sandy was to create a cloak behind which the Federal Reserve could be taken down. Here is one news story that demonstrates that there was in fact a disruption in service at the Fed. We’ll be asking Archangel Michael for his view of the matter tomorrow.
Hurricane Sandy disrupts Federal Reserve operations
New York Federal Reserve suspended operations for a day as hurricane battered eastern US; temporary measures taken to support banking in face of disruptions to power, communications and staffing
Central Banking | 31 Oct 2012
The Federal Reserve and regional Federal Reserve banks suspended some operations and undertook temporary measures to allow the financial system to continue to function as a hurricane battered the eastern US on October 29 and 30.
The Federal Reserve Bank of New York, in one of the worst affected areas, was…
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