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  • Tough Love from Ben Bernanke [View article]
    Perhaps this explains why Bernanke's moves are not really tough love at all:

    "Sept. 16 (Bloomberg) -- The Federal Reserve is considering extending a ``loan package'' to American International Group Inc., the insurer facing a cash shortage, according to a person familiar with the negotiations."

    www.bloomberg.com/apps...

    One has to consider everything the Fed is doing, not just rate changes. He'll take care of his big friends.
    Sep 16 15:58 pm |Rating: 0 0
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