Morgan’s Roach: Fed Following BOJ ‘Script’ on Policy

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Stephen Roach, chairman of Morgan Stanley Asia Ltd., talks with Bloomberg’s Arnold Gay in Singapore about the U.S.’s $700 billion Troubled Asset Relief Program, the effectiveness of the bailout package, and European and U.S. monetary policies. (Source: Bloomberg)

00:00 “Disappointed” with change to bailout package
02:04 Europe in recession; Fed following BOJ script

Running time 04:31

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Source:
Morgan’s Roach Says Fed Following BOJ `Script’ on Policy: Video
Bloomberg, Nov. 13 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=akg9vPUhke0I

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