The U.S. Federal Reserve -
made its most dramatic rate cut EVER - (bigger than for 9/11)
In response to a worldwide collapse of equity markets -
DUE TO A ROGUE TRADER MAKING LESS THAN $100k Euros!!!!!!
So...... you think maybe the Fed overreacted and is going to regret causing massive, unintentional, complex and unpredictable bubbles in the world's economies???
Thursday, January 24, 2008
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In case you missed the news:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8GBEB7UuuXc&refer=home
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