The Fed : the inside story of how the world's most powerful financial institution drives the markets /
Why and how did the Fed join with its district banks in organizing the bailout of Long Term Capital Management? How was the age-old war between the Fed and the Comptroller of the Currency finally resolved in 1999? Why has the increased "sunshine" of announcing market interventions and post...
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| Format: | Book |
| Language: | English |
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New York :
Plume,
[2002]
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| Subjects: |
| Summary: | Why and how did the Fed join with its district banks in organizing the bailout of Long Term Capital Management? How was the age-old war between the Fed and the Comptroller of the Currency finally resolved in 1999? Why has the increased "sunshine" of announcing market interventions and posting proceedings of the Federal Open Market Committee not led to greater market stability? Why did Greenspan make the key decision of the Clinton boom years - to let the good times roll while unemployment sank to record lows - despite all historical evidence that it would be inflationary?"--Jacket |
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| Physical Description: | xiii, 350 pages ; 24 cm |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 0452283418 9780452283411 |