16 December 2008
A full report on Bernard L. Madoff Investment Securities Ponzi scheme: GREED and STUPIDITY!
I agree and I call it GREED and STUPIDITY… who in the hell in their right imnd thinks that a money manager can return 8% to 12% per year…even when the market goes to hell in a handbasket…even in the era of 1974…come on!!! I reca...
30 October 2008
A full review on New Federal Reserve liquidity swap facilities?
Today, the Federal Reserve, the Banco Central do Brasil, the Banco de Mexico, the Bank of Korea, and the Monetary Authority of Singapore are announcing the establishment of temporary reciprocal currency arrangements (swap lines). These facilities, like...
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