Comment: Straight from the Federal

Straight from the Federal Reserve web site praises abound for Biddle accept for that little Cotton scheme that got him indicted. It seems his greatest "fault" was not being sneaky and underhanded enough politically. Here the Fed makes him a cautionary tale for their bankers considering their corrupt history.

"The Rise and Fall of Nicholas Biddle
Brilliant and seemingly destined for greatness, America's first central banker failed when put to the test in the Bank War."

http://www.minneapolisfed.org/publications_papers/pub_displa...