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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: pogohere who wrote (30668)3/10/2008 2:39:33 AM
From: TobagoJack  Read Replies (1) | Respond to of 220437
 
<<so may be figuring the frog/public won't notice anything is wrong while the pot is slowly heated/their currency's purchasing power is disappearing---so long as the banks are open, even if very quiet>>

is the man and those he work for, 45% being JPM, that evil?



To: pogohere who wrote (30668)3/15/2008 5:25:02 PM
From: pogohere  Respond to of 220437
 
Keep the bank doors open, any which way

"The Fed chief probably sought to stave off a deeper blow to the financial system from a Bear Stearns collapse, former Fed researcher Keith Hembre said.

"The Fed really doesn't have any obligation to help a non- bank aside from its role or responsibility to keep the financial markets functioning," said Hembre, who helps oversee $107 billion as chief economist at FAF Advisors Inc. in Minneapolis. "They made a judgment, probably an accurate one, that they're not going to function very well if you've got a full-blown crisis with a major Wall Street firm."

globaleconomicanalysis.blogspot.com