20 « March « 2009 « Investment Postcards from Cape Town

Video-o-rama: Fed employs nuclear option

By Prieur du Plessis, on March 20th, 2009 posted in: Investment, Markets, Money

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Financial markets were dominated this week by the announcement by Fed Chairman Ben Bernanke to employ the nuclear option of buying large-scale volumes of Treasuries and mortgage-backed securities. These actions were hotly debated on the video front, as was the AIG bonus issue and how enduring recent stock market gains would be. Some of the more interesting clips of the past few days are shared in this post. […]

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