Taibblog Wed 2009-09-02 09:06 EDT
``the Fed's decision to brag publicly about a few loans that are actually performing is sort of scary -- it speaks to a level of intellectual desperation and magical-thinking unusual even for a banker in the subprime/MBS era''
naked capitalism Thu 2009-08-27 10:50 EDT
In a show of how much our government thinks that serving the financial oligarchy, rather than the citizenry, is its prime duty, the Fed is fighting to stop the court-ordered disclosure of who borrowed money under the Fed's various lending facilities. The reason I lump the Fed in with "the government" is that the central bank has been serving as an off-balance sheet entity of the Treasury for quite some time. And not only are the Fed and Treasury acting in near lockstep, but there has been no meaningful change in the government stance towards the banksters. Yes, Team Obama makes more of a show of trying to rein them in, but push comes to shove, it's merely Paulson version 2.0: same content, better packaging. Paulson's success in muscling...
Fed Uses Scare Tactics; Forestall Loan Disclosures; naked capitalism; Quelle Surprise; trying.
Tue 2009-04-21 00:00 EDT
``the unintended Iraq-Fed analogy is apt''
Tue 2009-04-21 00:00 EDT
Jesse's Café Américain: The Fed's Decision: PRINT; Fed commits to monetary expansion; ``shooting the patient with morphine so they can go back to work without treating the disease.''
Wed 2009-04-01 00:00 EDT
Jesse's Café Américain: The Fed's Balance Sheet Strategy to Support Qualitative Easing: A Synopsis
Fed's Balance Sheet Strategy; Jesse's Café Américain; Support Qualitative Easing; synopsis.
Wed 2009-04-01 00:00 EDT
Kansas City Fed President Thomas Hoenig: ``we have not defined a consistent plan and not addressed the basic shortcomings and, in some cases, the insolvent position of these institutions''
Mon 2009-01-19 00:00 EST
Jesse's Café Américain: The Fed's Game Plan: What Ben Bernanke Is Thinking
Ben Bernanke; Fed's Game Plan; Jesse's Café Américain; Think.
Tue 2008-11-25 00:00 EST
