Hat tip to JD for this this along, from the wsj.com:
Ben Bernanke lives in a three-bedroom, 2,100-square-foot, attached town house near the Capitol. It has an appraised value of roughly $850,000, not far from the $839,000 he paid for it in 2004. A public record search shows he owes $672,000 on the home, after refinancing his mortgage twice.
One refinancing was in late 2009. The other was in late September, shortly after the Fed announced a new program, known as “Operation Twist,” which aimed to drive down long-term interest rates.
Mr. Bernanke holds a 30-year mortgage. He was required to send proof of employment, including pay stubs, before the bank approved the loan, according to a person familiar with the matter.
After a decade in Washington, Mr. Bernanke doesn’t seem to have been swept up by the nation’s capital.
He occasionally shoots baskets in the Fed’s dreary, underground gym. The closest he came to showing a wild side was when he was a professor at Princeton: He bought a Chrysler Sebring convertible, according to someone who knows him.
On most nights he’s home with his wife, Anna, reading on his Kindle after dinner, say people who know him. In the past 18 months, he has told others, he has read 200 books on the Kindle.
Lately he’s read about pre-World War II Germany, “In the Garden of the Beast,” and a room-by-room guide to a 19th-century British home, Bill Bryson’s “At Home.”
He doesn’t read books about the financial crisis. When asked in September if he had seen a recent HBO movie about it, he said he hadn’t: “I saw the original.”
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