dimelab dimelab: shrinking the gap between talk and action.

directly buying assets Topic in The Credit Debacle Catalog

zero hedge Tue 2009-10-27 11:25 EDT

The Manhattan Project: Did Bernanke Use The Monetary Nuclear Option?

...was the Fed's policy response on March 18, 2009 the financial equivalent of Fat Man and Little Boy? (The direct purchase of equities?)...did the Fed exceed its policy statement by directly buying assets not contemplated therein?...Did Bernanke, encouraged by Goldman's Hatzius, heed his own advice and monetize the equity markets?

Bernanke used; Manhattan Project; Monetary Nuclear Option; Zero Hedge.