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Posts Tagged ‘Ben Bernanke’

I know that’s not supposed to be the reaction to this bail out plan. But i do and here is why.
The bailout plan asks the amount of money, which hopefully, will allow all the financial institutions to take off unsellable mortgages off the books. All the following points arise.
1. The $700 billion dollars is not [...]

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Here is a link to an article on FT where FED’s tough position is explained.
We discussed this some time back.

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Do you remember those days when Ben Bernanke was termed an “academic” by those on the wall street actively incited by financial media? August 2007 through March 15th 2008, when Bear Stearns was rescued by FED, Ben Bernanke was called that and worse.
Since Bear Sterns episode, have you heard any one say anything negative? Not [...]

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