This is the best explanation I have seen as to why the Fed set up the TSLF, and allowed it to accept less than stellar paper: "The...
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source: Bloomberg > It’s only one man’s opinion, but Freddie Mac Chief Executive Office Richard Syron had some rather...
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According to Google Trends, it really is true: Stagflation = Recession plus Inflation> Stagflation Recession Inflation
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Spitzer has officially resigned. I was trying to come up with a clever headline for his resignation, but the best I could come up with...
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> "This product was meant to help people do construction on their house, [and] do debt consolidation — not to take out...
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He discusses borrowed reserves versus equity, and coming bank failures: >
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>"The Federal Reserve’s actions today may have been strongly influenced by Bear Stearns’ problem."-Dick...
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From one of the comments on our earlier post: Get ready for Monica-Bill redux The Media gorging, raking mucks Oozing glee from all their...
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That headline is a bit of an exaggeration. So what is the quality of the collateral willing to be accepted by the new Term Securities...
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5 Day Dow Jones Industrials, 3 minute chart ~~~ Perfect timing by the Fed in their surprise, $200B lending: As we have noted recently,...
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