Posts Tagged ‘ Long-term Capital Management ’

Mistakes at the Federal Reserve

Apr 14th, 2008 | By Whiskey Contributor | Category: Macro Economics
Treasury Secretary Hank Paulson has proposed the Federal Reserve be given broad powers to regulate the financial industry. He could not have nominated a more incompetent body. The Coast Guard would do a better job. Financial upheaval owes homage to derivatives that shrouded the massive growth in debt and leverage. This ...read more