Fed Steps Up To “Do Our Part”

From the Federal Reserve's web site: The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing coordinated actions to enhance their capacity to provide liquidity support to the global financial system. The purpose of these actions is to [...]

By |2011-11-30T12:14:05-05:00November 30th, 2011|Economy|0 Comments

Of The Central Banks, By The Central Banks, And For The Central Banks: Italy Is Next To Fall

Chicago Sun Times: "Monti forms new Italian govt with no politicians" Economist Mario Monti formed a new Italian government without a single politician Wednesday, drawing from the ranks of bankers, diplomats and business executives to make sure Italy escapes looming financial disaster. The 68-year-old former European Union competition commissioner told reporters he will serve as [...]

By |2011-11-16T15:50:56-05:00November 16th, 2011|Uncategorized|1 Comment

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