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04 Jul Fed Was on Which Side of Bear Stearns’ Hedge?

Posted at 04:54h in Credit Spectrum by R&R Consulting

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.

Tags:
Bear Stearns, Federal Reserve, QE3


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