Volcker remarks on the unprecedented maneuvers the Federal Reserve is making to prevent a financial collapse, and recommends more government regulation of the financial industry in general. I don't pretend to understand a lot of this, but I think I get the gist:
(Via Calculated Risk)
PS: If you're wondering why Charlie Rose is sporting a shiner, it's because he sacrificed his face for his MacBook Air.
Thursday, March 20, 2008
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