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THEM ON US: Banking bash goes bust
JACKSON HOLE, WYO -
Sounds like the big central banking retreat won’t be so big this year. Interest in the annual meeting of the Federal Reserve Bank of Kansas City scheduled for August 22 through 24 is already fizzling.
Normally, the world’s financial markets pay keen attention to what emerges from the Jackson Hole gathering but after Federal Reserve chairman Ben Bernanke announced he wasn’t coming this year, several other notables backed out as well. Only eight of the 12 Fed presidents will be making the scene at Jackson Lake Lodge.
It’s always interesting to see what the hordes of reporters covering the event have to say about Jackson Hole. The National had some quaint observations.
“The otherwise sleepy mountain resort Jackson Hole in Wyoming makes the national news every year as top American bankers converge for their official retreats,” they wrote on Monday. Sleepy? Really?
They also wrote: “The former ranching town is teeming with art galleries at every corner.” They got that right.
The Wyoming Cowboys are vigorously preparing for the upcoming football season. The road opener against the Nebraska Cornhuskers is just 17 days away now. Two-a-days have taken their toll, though, and several of the starters are injured or on limited duty because of soreness.
The revamped Mountain West Conference features some new and different opponents for the Pokes. Wyoming will tackle the Idaho Vandals, Northern Colorado Bears, and Hawaii Rainbow Warriors at home this season. Road trips to play the Texas State Bobcats and San Jose Spartans are also rare.
The Bobcat matchup is a first and Wyoming hasn’t played the Bears since 1949.
Also new this season is a change of venue for Cowboy’s football broadcasts. Out-of-state radio moguls at Rich Broadcasting weren’t interested in serving the community with the home state college team. They dropped UW sports programming, which was picked up by crosstown rivals at The Range 103.7 FM. The entire season can be heard there.