Agreed with you. I don’t know how accurate it is saying the Fed did a great job last year- there are many I respect who believe there was a huge potential collapse- I’ll await the judgment of history on that. The real question is what the aftereffects are of the “fix”, which we have yet to see.
The imminent run on the money markets last Oct. was a very large deal which is what prompted Bernanke-Paulson to act and quickly. That was a scary time.
real question is what the aftereffects are of the “fix”, which we have yet to see.
Agree.