Fed Chief Studies Bubbles to decide Policy.

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Fed Chairman Bernanke recruited a team of economist to study how and why asset “Bubbles” occur with the objective of setting, and improving, future Federal Reserve Policy.  The conclusion of this Princeton group

May 19, 2008 - Economy, Markets, Politics - 0 Comments

Fannie & Freddie, but what about Sister Ginnie?

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Fannie Mae reported a loss of $3.6 Billion on Wednesday for the fourth quarter of last year (2007). Freddie Mac, its smaller government sponsored brother today reported a $2.5 Billion loss for the same period. If not for a

February 28, 2008 - Economy, Markets, Politics - 1 Comment

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