by Christopher Rupe
In: Finance
17 Jun 2010It’s been about 2 months since the Federal Reserve has released its minutes from the March 16 FOMC meeting. Most of the content within the minutes was pretty mundane however, there was one section dealing with various “exit strategies” typically referred to as “reserve draining tools” that really made me sit up and take notice:
The [...]
In: Finance
3 Apr 2010Recently, the Federal Reserve gave everyone a peek inside the bag. Specifically, they disclosed the contents of much of the Maiden Lane off-balance sheet entities they created to absorb some of the toxic debt and provide financing (read bailout) for propping of AIG and also JPMorganChase’s buyout of Bear Stearns among other things.
The following Bloomberg [...]