News

News – 6/20/11

Monday, June 20, 2011
 

House Financial Services Subcmte Hearing on Federal Reserve Lending Disclosures

CSPAN 6/1/2011

http://www.c-span.org/Events/House-Financial-Services-Subcmte-Hearing-on-Federal-Reserve-Lending-Disclosures/10737421940-1/

 

One percent holds 39% of global wealth

Time 5/31/2011

http://www.rawstory.com/rs/2011/05/31/one-percent-holds-39-percent-of-global-wealth/

 

The Haircut War: Tensions Worsen Between Berlin anf European Central Bank

Spiegel Online 5/30/2011

http://www.spiegel.de/international/europe/0,1518,765601,00.html

 

Is the Euro running out of time?

The Telegraph 5/29/2011

http://www.telegraph.co.uk/finance/comment/rogerbootle/8544970/They-can-try-to-delay-and-pray-but-the-euro-is-running-out-of-time.html

 

Second biggest weekly drop ever in Treasurys held in the Fed’s custodial account as foreigners dump

Zero Hedge 5/26/2011

http://www.zerohedge.com/article/second-biggest-weekly-drop-ever-treasurys-held-feds-custodial-account-foreigners-dump

 

Fed’s Balance Sheet Hits Another Record

Reuters 5/26/2011

http://www.cnbc.com/id/43186377

 

Fed gave banks crisis gains on $80 billion secretive loans as low as 0.01%

Bloomberg 5/26/2011

http://www.bloomberg.com/news/2011-05-26/fed-gave-banks-crisis-gains-on-secretive-loans-as-low-as-0-01-.html