Archive for February 19th, 2010

Friday, February 19th, 2010

Can Barnacle Ben Careen Liquidity Off of Titanic?

The financial world is a buzz with the Fed raising the discount rate a quarter point stealthily right before options expiry and it is just the start of a very dangerous careening job. If you’re not familiar with careening, here’s a quick primer: As is well known, as ships cruise the ocean, their bottoms quickly […]

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