Posts Tagged ‘ Last Resort ’

The Ultimate Preparation Guide for today’s Fed Announcement

By Bears Chat at The Wall Street Examiner

September 21, 2011

Today concludes a two-day meeting of the FOMC, after which Ben Bernanke is expected to unveil his latest trick for stimulating the conomy. See, because the recovery is faltering, and because Congress is fighting with the President on fiscal matters,...
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A Sovereign-Debt-Default Survival Kit: The Four Countries That Will Keep Their AAA Ratings

By Martin Hutchinson

July 19, 2011

A Sovereign-Debt-Default Survival Kit: The Four Countries That Will Keep Their AAA Ratings

Stories about debt downgrades and sovereign-debt defaults are dominating the headlines.

And it's no longer just Europe that we have to be worried about. On Friday, Standard and Poor's warned that there was a 50-50 chance that the United States would lose its AAA debt...
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Obie Drinks the Kool Aid, What Would Shakespeare Say?

By Lee Adler

January 8, 2009

I like Obie, but he has drunk the Kool Aid. We are doomed. He’s listening to the advice of those very same world renowned egonomists who never saw the current mess coming. How could those who never saw it coming in the first place, and didn’t recognize it after it had already begun have...
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Hey! Where’s My $10 Billion! Professional Edition Fed Report

By Lee Adler

December 2, 2008

That question arose from the fact that that amount disappeared from the Fed’s balance sheet last week in the line items covering loans to and equity investments in the broken AIG. The Fed’s balance sheet as it pertains to custodial accounts for FCBs also makes clear why the Fed was forced to announce yesterday...
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