WASHINGTON With speculation building about when Ben Bernanke might hang up his hat as Federal Reserve Board chairman, some are already musing about his next potential career move.
A post Wednesday on Dealbreaker.com offered the suggestion tongue in cheek as it was that the stars may be aligned for the central banker to transition to the retail clothing industry with news that the iconic The Mens Wearhouse founder George Zimmer ("You're gonna like the way you look. I guarantee it.") was ousted as the chain's executive chairman. Zimmer's firing came two days after President Obama, in an interview with Charlie Rose, said of Bernanke: "He's already stayed a lot longer [as Fed chairman] than he wanted, or he was supposed to."
"Should Ben Bernanke Take Over As Chairman Of Men's Wearhouse?" Dealbreaker blogger Bess Levin wrote in the site's "Serious Question of the Day." (Yes, we realize it was not very serious.)
Levin's idea was apparently inspired by a prior indication that Bernanke prefers an everyman's store for his wardrobe. As the author put it, "Bernanke loves caviar quality suits at street vendor hot dog prices."
One problem, which Levin concedes, is that the actual store Bernanke shops at is not The Men's Wearhouse. When asked to name his wallet contents in a 2009 interview with Time Magazine, which had selected Bernanke as its "Person of the Year", he mentioned that he carries a card for shopping at Jos. A. Bank, "where I get my suits from."
"It's possible, of course, that he could put all that aside" if The Men's Wearhouse offered "the right price and a package that included a 50% employee discount," Levin wrote.