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Strategies & Market Trends : Waiting for the big Kahuna

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To: Paul Kern who wrote (78829)1/21/2008 11:15:32 PM
From: Real Man  Read Replies (1) of 94695
 
After this August quite a few folks have wondered which
firms exactly did the Fed consult prior to making the
market-turning discount rate cut announcement, since
the Fed has been a bit too open about the fact that
they did consult a few big firms. A few
less lucky big firms may have asked certain enforcement
agencies a question or two
about that, certain agencies may have responded by asking the Fed
and the other firms a few questions, and thus, no more surprise
announcements. -g-

I mean, after all, such activity does violate certain
securities laws, and the parties involved may go to prison,
if caught. That would be well deserved, by the way, and
a few scary questions may have ended these surprises. -g-
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