The Washington Post reported on October 28, that the San Francisco Fed hosted a conference at the “spectacular Bacara Resort and Spa” in Santa Barbara, where it paid $300 a night for the rooms — an off-season price. Perhaps we should be praising the frugal nature of the Fed, as suites can run $2,000 during the peak season. Ben Bernanke attended this conference, which has drawn the ire of some. This conference was followed by a conference held by the Boston Fed at an Inn that charges up to $320 a night for regular rooms and nearly two grand a night for suites. – from BloggingStocks