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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Mike Johnston who wrote (86369)8/21/2007 12:28:23 PM
From: MulhollandDriveRead Replies (3) of 306849
 
"I expressed the need for both the Fed and Treasury to use all the tools at
their disposal to keep our markets working and so that the business and
consumers can have the funds to prosper," Dodd said.

"Chairman Bernanke agreed," Dodd added.


idiot.

his press conference just about guaranteed no action (at least today) by the fed...the last thing the fed wants is the widespread perception that they are politically driven

of course we know that they are, but i doubt the fed wants caving to political pressure to be so blatantly obvious
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