[Osem]

In stark contrast to his former boss...

Ed Balls is to take up a new job in the US, as a Harvard University academic researching financial stability.

The former shadow chancellor, who was the highest profile Labour MP to lose their seat in the general election, has been made senior fellow at the university in Cambridge, Massachusetts.

Balls, who is the husband of Labour leadership candidate Yvette Cooper, will be expected to be on campus for at least three to four weeks each term over the course of his year-long unpaid appointment

http://www.theguardian.com/politics/...mic-researcher

Financial stability?