benbittrolff.blogspot.com - 10/24/2008
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Click on the chart to marvel at the carnage. Bottom line, Bernanke pumps in liquidity and the banks continue to hoard it. The Bernanke bailouts are not working, yet... I'm encouraged by some of the recent improvements in the credit markets, but it isn't enough. Data: Federal Reserve Bank of ...
realclearmarkets.com - 10/21/2008
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realclearmarkets.com —
Writing about former Fed Chairman Arthur Burns in
his 1998 book, Nixon’s Economy, economic historian Allen Matusow...
noted that Burns “had no fixed monetary principle of his own, except a determined eclecticism that translated into unsteadiness of ...
(more)
Ben Bernanke Still Misses the Point
globaleconomicanalysis.blogspot.com - 10/29/2008
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globaleconomicanalysis.blogspot.com —
Here is an important announcement from the President
Bush " Banks Need To Stop Hoarding Money "...
The transcript below contains several important clarifications from the original message from press secretary Dana Perino. Please read carefully. Tuesday ...
(more)
White House: "Banks Need To Stop Hoarding Money"
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FT Alphaville —
Elsewhere on Friday, - “Really scary Fed charts, now crazy scary .” - Russian cliff dive , some technical analysis. - “Greenspan is now saying what many of us were warning about several years ago.” - The black hole that is AIG . - “Somebody over at Bloomberg seems to have hired an excitable monkey to enter their real-time market alerts this afternoon.” - A PR disaster in the making. - “…the rush to get a CDS exchange up and running is being moved forward with such haste that some risks are not being assessed properly.”
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