Thursday, January 24, 2008

The Fed Cut For A Rogue Trader!!

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???



1 comment:

Anonymous said...

In case you missed the news:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8GBEB7UuuXc&refer=home