Charlie and Gretchen:
Instead of headline grabbing, how about a discussion of The Fed’s role in manipulating LIBOR? See charts,
http://confoundedinterest.wordpress.com/2012/07/06/libor-fixing-and-the-fed-funds-target/
I see. Banks are fair game but government/Fed are sacred cows.
Hypocrites!
You are so right. Rick Santelli, of Tea Party fame, asked why the Fed was getting away with secretly manipulating markets with no transparentcy while the banks were doing the same thing. Hypocrites is right.