Jan
9
Just Breaking Bread, from Victor Niederhoffer
January 9, 2011 |
Can someone tell me why it was not guaranteed to happen that the pro business friendly, appointed by Obama, would be lobbyist for the biggest bank as the former flexerage whose chairs, or nephews of chairs headed the dept of the interior for most of last 12 years is now in disrepute. Thank goodness he is the brother and son of former Mayors of Chicago.
Vince Fulco comments:
The president of the Federal Re serve Bank of New York doesn't know when to keep his mouth shut.
The entire Fed regularly observes what it calls a "blackout period" starting one week before Federal Open Market Committee meetings and lasts until the Friday after those meetings.
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