Getting Ready for the next Disaster
Via Corrente. Bloomberg: [Barney Frank’s bill, H.R. 4173] supports the biggest banks. It authorizes Federal Reserve banks to provide as much as $4 trillion in emergency funding the next time Wall Street crashes. So much for “no-more-bailouts” talk. That is more than twice what the Fed pumped into markets this time around. Best of all, … Continue reading Getting Ready for the next Disaster
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