Words from the (investment) wise for the week that was (March 16 – 22, 2009)

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The FOMC on Wednesday left the Fed funds range unchanged at zero to 0.25%, but stunned the financial markets with an announcement that it would purchase up to $300 billion in longer-term Treasuries over the next six months. Read all about this and the implications for financial markets in my weekly “Words from the Wise” review. […]






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Madoff behind bars

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Source: Walt Handelsman, Newsday, March 12, 2009.

 

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Another shovel-ready project

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Source: Walt Handelsman, Newsday, March 17, 2009.

 

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Angry at Wall Street

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Source: Tom Toles, Washington Post, March 18, 2009.

 

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