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The Cosmic Tap

Miscellaneous Affronts to your Assumptions
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Big Fat Domino Bear

Started by Anthony Citrano · 5 months ago

Why Bear Stearns? A quick lesson in the trillions cooking beneath, and why the Fed cares, and why you should care.

JHK put it this way:

“Over the weekend, the Federal Reserve engineered a $30-billion dollar Saint Paddy’s day present for the JP Morgan bank by handing them the corpse of Bear Stearns. The object of [...] ... Continue reading »

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