This is bbl's Typepad Profile.
Join Typepad and start following bbl's activity
Join Now!
Already a member? Sign In
bbl
Recent Activity
I have been one of the critics of the fed actions, not because what they did was wrong in itself but because it was insufficient.(http://derivativemusings.blogspot.com/2007/12/more-positive-view-of-fed-actions.html ) I believe they have failed to address the fear in the interbank market. The psychological paralysis that lending to another bank may lead to loss of principal regardless of rates. Once the fed can alleviate those fears the rest of their actions will likely be sufficient. Really enjoy your worki on the blog.
1 reply