joanna bujes wrote:
I'm confused. The Federal Reserve, despite its name, is very much a
private concern, right? So, why should it not buy equities?
Not very much a private concern. It's a mixed bag. The Board of
Governors, based in Washington, are appointed by the pres and
confirmed by the
At 12:00 AM 07/31/2002 +, you wrote:
What?! The Federal Reserve is explicitly authorized to take equity stakes
in private enterprise? My God, is there anything the sovereign state of
the Fed is *not* entitled to do?
I'm confused. The Federal Reserve, despite its name, is very much a
From: joanna bujes [EMAIL PROTECTED]
At 12:00 AM 07/31/2002 +, you wrote:
What?! The Federal Reserve is explicitly authorized to take equity stakes
in private enterprise? My God, is there anything the sovereign state of
the Fed is *not* entitled to do?
I'm confused. The Federal Reserve,
