Vitaliy Katsenelson has some well rounded thoughts about the Federal Reserve that are in Business Week Magazine's Oct 1 Outside Shot op/ed section. This is a very good read about the whole issue of "moral hazard" which the Fed doesn't want to hear about right now.
The Fed's Irresponsible Move
Vitaliy has been keeping me up to date on his new book, "Active Value Investing": http://activevalueinvesting.com/. A review copy is due to arrive here in a few days. From October to December he'll be doing a book tour. For exact dates click on this link.