March 15, 2008
- Bear Stearns, part I
The news surrounding Bear Stearns on Friday morning was not good! There are several important elements to this story. (…)
August 20, 2007
- Market Bottom?
Market bottom? Probably not. But the Federal Reserve is awake.
The Fed stepped in a week ago, and injected liquidity in the financial system. (…)
August 18, 2007
- Fed Rate Cut
On Friday, the Federal Reserve cut the discount rate by a 1/2 pt.
They cut the discount rate — NOT the Fed Funds rate. (…)
