The Fed Strikes Back

Last week, Bloomberg had an article claiming that the Federal Reserve gave $13 billion to banks without telling Congress. Today, Bernanke shot back and sent this letter to the Senate Banking Committee. The language in the letter is surprisingly strong.

Posted by on December 6th, 2011 at 1:04 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.