August 13, 2007

The Fed is walking a tight line. It was a very unusual move when the Fed accepted mortgage backed securities as collateral for short term loans instead of treasury debt. In doing so it sent a mixed signal. Is the Fed trying to bail out investors who took advantage of the Greenspan put?

You must have an active account to view these reports. You may register for a trial here

Download Complete Report in PDF Format

Download Complete Report in Word Format