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  SUBSCRIBE TO THIS NEWSLETTER After Funneling Trillions of Dollars in Repo Loans to Serial Bank Offenders, Lorie Logan Gets a $440,000 Job Running the Dallas Fed By  Pam Martens and Russ Martens : September 8, 2022 ~ Lorie Logan, Former Head of Trading at the New York Fed; Now Dallas Fed President Bailing out the Wall Street megabanks that are serially fined and hit with felony counts appears to be catching on as a major career advancement strategy at the New York Fed. On August 22, Lorie Logan began her big promotion as President of the Dallas Fed, a position that paid $440,700 at the end of 2020. That’s $40,700 more than the salary of the President of the United States. Prior to joining the Dallas Fed, Logan was the Manager of the  System Open Market Account  (SOMA) at the New York Fed, effectively the Fed’s trading floor. As part of her job, Logan oversaw the trillions of dollars that were electronically created at the New York Fed to bail out Wall Street trading...