Raynes: Which Side of Bear Stearns Hedge was Fed On?

By R&R Consulting | Published: July 4, 2010

R&R Consulting principal Sylvain Raynes challenges the government’s claim that it purchased “investment grade” assets in its 2008 rescue of Bear Stearns. Read the full story by Caroline Salas, Craig Torres and Shannon D. Harrington, “Fed Made Taxpayers Unwitting Junk-Bond Buyers,” Bloomberg, July 1, 2010.

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