Fed Rate and Bank Reserve Change, Might be Smart
First, as long as lending requirements remain the same, every loan will be closed with a cash deposit, which alleviates some of the problem of making more cash available through Fed Funds.
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The Fed vs Banks, Gold Grab DejaVu!
It’s the 1930’s gold grab all over again, maybe. Sure feels like it, looks like it, walks and talks like
Read moreAIG Conservatorship by the Feds
How can it be positive for the Government to seize control of the largest insurer in the world? The best thing to so is allow the company to fall into liquidation
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