Bernanke Puts New ‘Twist’ on Old, Failed Policy
by Steve Stanek on September 28, 2011
Steve Stanek of FIRE News discusses “Operation Twist,” the Federal Reserve’s program to move hundreds of billions of dollars of the Fed’s investment portfolio into longer-term debt. Critics argue the program is a new twist on an old policy that failed in the 1960s.
Do Fed’s $1.2 Trillion in Loans Indicate a Worse Crisis Than We Knew?
by Steve Stanek on September 14, 2011
Steve Stanek of FIRE Policy News discusses a recent revelation of $1.2 trillion in secret bailouts to US and foreign-owned banks and Wall Street firms.
