discount rate history

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the euro as traders bet the Federal Reserve will soon cut the overnight bank loan rate. US Treasury Secretary Henry Paulson also warned that volatility in financial markets won
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The 200 billion bail-out for predator banks & Spitzer charges are intimately linked By Greg Palast


Dandelion Salad By Greg Palast After Downing Street Reporting for Air America Radio??s Clout Listen to Palast on Clout at www.GregPalast.com Mar 14, 2008 While New York Governor Eliot Spitzer was paying an ???escort?? 4,300 in a hotel room in W
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Bear Sterns, Bernanke and corporate welfare


Bear Sterns, Bernanke and corporate welfare tags: none Once again Greg Palast is the one to state the obvious. This week, Bernanke??s Fed, for the first time in its history, loaned a selected coterie of banks one-fifth of a trillion dollars to guaran
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Fed takes emergency steps to help financial system - Earthtimes


The Fed cut the discount rate it charges on direct loans to banks to 3.25 percent from 3.50 percent and set up a new program to provide cash to a wider ...Lower Fed Funds Rate, the Fate of the TSLF, and Other Fed Notes Wall Street Journal
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Fed Cuts Discount Rate, Lends More to Avert Meltdown Update2 - Bloomberg


In its first weekend emergency action in almost three decades, the central bank lowered the so-called discount rate by a quarter of a percentage point to ...
www.bloomberg.com

Was Spitzer scandal and bailout of rich Wall Street bank linked?


The 200 billion bail-out for predator banks and Spitzer charges are intimately linked By Greg Palast Reporting for Air America Radio??s Clout March 14th, 2008 While New York Governor Eliot Spitzer was paying an ???escort?? 4,300 in a hotel room in
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Crash


A Vicious Circle ending in a Systemic Financial Meltdown Roubini's Nightmare Scenario by Mike Whitney "It's another round of the credit crisis. Some markets are getting worse than January this time. There is fear that something dramatic w
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Fasten Your Seat Belts by digby Tomorrow should be an interesting day on Wall Street. JP Morgan just bought Bear Sterns for less than the price of the office building it's housed in and then the Fed cut interest rates another quarter of a point to try
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Asian shares slide - India Infoline.com


Asian stocks plunged on Monday after the Federal Reserve cut its discount rate at an emergency meeting and JPMorgan Chase agreed to buy Bear Stearns. ...
www.indiainfoline.com

US RATE FUTURES-Fed cuts of 125 bps seen possible this week - Reuters


Even a cut of 100 basis points would be one of the most aggressive moves in the modern history of the Fed. Earlier the Fed cut its discount rate and ...Fed set to make fresh rate cut Emirates Business 24/7
www.reuters.com

ON BEAR STEARNS AND THE MARKETS


FIRE-SALE On the closing of the markets this Friday, I posted the following on Twitter: "Whew, markets finally close. Haven't felt like this since Oct. 16, 1987 going into the weekend before Oct. 19: http://tinyurl.com/y9nox" The events of thi
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Debate about Secret Session in House of Representatives Part 2 videos


Debate about Secret Session in House of Representatives?videos CSPANJUNKIEdotORG March 13, 2008 C-SPAN see Dennis Kucinich: You Can??t Secure Our Nation With LIES! Kucinich-Dennis Contribute to Kucinich for Congress Dandelio
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Shopping Is Super In The Caribbean - Hartford Courant


Generally, prices are negotiable, but to limit price wars a few name manufacturers establish a cap on the maximum discount retailers are allowed to offer. ...
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How SUBPRIME works


Here's how it worked: The Grinning Family, with US average household income, gets a 200,000 mortgage at 4% for two years. Their 955 a month payment is 25% of their income. No problem. Their banker promises them a new mortgage, again at the cheap rate, i
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Japan&39s 10-Year Bonds Rise on Speculation Fed Efforts May Fail - Bloomberg


... third day after the US central bank cut its discount rate a quarter- point to 3.25 percent and said it would allow primary dealers to borrow at the rate ...
www.bloomberg.com

Investing: Euro-denominated sovereign debt


What with the U.S. Federal Reserve jumping in to keep investment bank Bear Stearns afloat, gold and oil hitting consecutive all time highs, and the U.S. dollar continuing to depreciate with banana republic speed, many investors are shifting their minds fr
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Asian Stocks, US Futures, Dollar Decline After Fed Cuts Rate - Bloomberg


The dollar weakened to 97.94 against the yen, the lowest since September 1995, after the Fed said it would lower its discount rate by 0.25 percent to 3.25 ...Asian Bond Risk Soars on Concern Financial Collapses Imminent Bloomberg
www.bloomberg.com

Whatever happens in the morning, we'll still be writing about this twenty years from now


This is part three in a series of posts relating to this weekend's sale of Bear Stearns to JPMorgan and the Fed's role in the matter. First post, second post The previous post highlighted a few of the reasons that some will be cynical about what happe
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Spitzer & the mortgage crisis: linked?


I've got five bucks Euros the bet should have value, at least that this story gets virtually no play in the national, mainstream media. Noted journalist & author Greg Palast has a take on deposed New York Governor Eliot Spitzer that's getting virtu
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Interesting take on the Spitzer affair


From Greg Palast via email: While New York Governor Eliot Spitzer was paying an ???escort?? 4,300 in a hotel room in Washington, just down the road, George Bush??s new Federal Reserve Board Chairman, Ben Bernanke, was secretly handing over 200 bi
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Private Profit, Certainly Not Socialized Losses


The Pirate's Code isn't so much a rule books as a set of guidelines... ...On Friday, the Federal Reserve seemed to toss out the rule book altogether when it assumed the role of white knight, temporarily bailing out Bear Stearns, one of Wall Street??s bi
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Economy Busted


Earthside Comments: There is lots of trouble. Link: A Vicious Circle Ending In A Systemic Financial Meltdown Mike Whitney/Information Clearing House "It's another round of the credit crisis. Some markets are getting worse than January this time.
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Spitzer and The Predatory Lending Nightmare


While New York Governor Eliot Spitzer was paying an 'escort' 4,300 in a hotel room in Washington, just down the road, George Bush's new Federal Reserve Board Chairman, Ben Bernanke, was secretly handing over 200 billion in a tryst with mortgage bank in
independentsunbound.blogspot.com

Oil, Gold Rise to Records as Dollar Fuels Commodities Update2 - Bloomberg


... the Federal Reserve cut its discount rate at an emergency meeting and JPMorgan Chase & Co. agreed to buy Bear Stearns Cos. as its shares collapsed. ...
www.bloomberg.com

Spitzer was "taken out"


An expose by Greg Palast: While New York Governor Eliot Spitzer was paying an ???escort?? 4,300 in a hotel room in Washington, just down the road, George Bush??s new Federal Reserve Board Chairman, Ben Bernanke, was secretly handing over 200 billion
leftinaboite.blogspot.com

THE FINTAG NEWSLETTER 17 March 2008


FINTAG COMMENT The rooster is roosting. Events are happening quickly. Having raised our concerns about Bear Stearns since last August, we were treated once more to "its all fine" and as predicted "we are screwed" within the space of 4
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Greg Palast fills in the blanks to the Bernanke-Spitzer backstory


and what a story it is... While New York Governor Eliot Spitzer was paying an ???escort?? 4,300 in a hotel room in Washington, just down the road, George Bush??s new Federal Reserve Board Chairman, Ben Bernanke, was secretly handing over 200 billion i
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The Fed cuts: So what? - Sacramento Bee


By Jim Wasserman - jwassermansacbee.com The Federal Reserve has cut its federal funds and discount rate five times since September to stimulate the US ...
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ON BEAR STEARNS AND THE MARKETS


FIRE-SALE On the closing of the markets this Friday, I posted the following on Twitter: "Whew, markets finally close. Haven't felt like this since Oct. 16, 1987 going into the weekend before Oct. 19: http://tinyurl.com/y9nox" The events of thi
mp.blogs.com

Seeking Alpha: Global ???Oil Shock?? Rattles World Stock Markets


March 14, 2008 Gary Dorsch: Bio & more articles Cleaning up the mess that Mr Greenspan left behind was never going to be easy. Banks and brokers around the world face more than half-trillion dollars in write-offs as a consequence of the US sub-prim
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TREASURIES-Surge in Asia as JPMorgan takes over Bear Stearns - Reuters


The Fed cut its discount rate by a quarter-point to 3.25 percent and launched a new facility that would allow US primary dealers, which are mainly ...Fed takes emergency steps to help financial system Forbes
www.reuters.com