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Pastimes : coug's news and views
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To: coug who wrote (2527)3/11/2008 12:14:35 PM
From: Patrick Slevin  Read Replies (1) of 3961
 
If I read it right, Spitzer isn't just in trouble over a prostitute.

It was the IRS that initiated the investigation so the undertone suggests, to me at least, that there is a bit of money laundering involved.

The media will probably pick up on that angle sometime in June.

Anyway, the latest Rumor is that the next Rate Cut is 0.75

I'll have to check Fed Futures to try to guess how they see it.
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