by
Robert Folsom
3/12/2008 5:15:00 PM
Amidst all the happy words and noises that followed yesterday's story that "Fed Offers $200 Billion Lifeline for Spurned Debt," most news accounts either failed to include or buried the truly relevant details. Looked at closely, the Fed's "Offer" of a "Lifeline" comes attached with the kind of terms you'd expect from a benevolent loan shark.
Filed Under:
$200 billion, AAA rating, AAA ratings, banking, Fed, Federal Reserve, subprime mortgages, Treasuries
Category:
Economy
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by
Nico Isaac
1/15/2008 12:30:00 PM
The past month in the financial markets has been about as "seesaw" as it can get.
But the action in the markets has been downright stable, compared to the variety of "explanations" each day from the mainstream experts.
Filed Under:
Short Term Update, Treasuries
Category:
Interest Rates
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