Friday, March 7, 2008

Fed pumps more liquidity while Congress grills CEOs

The Federal Reserve moved to add as much as $200 billion to the banking system over the next month !!!!!!!! http://www.bloomberg.com/apps/news?pid=20601087&sid=abqaRvWOHeFc&refer=home

http://www.businessweek.com/magazine/content/08_11/b4075000870869.htm?chan=rss_topStories_ssi_5 Hedge Funds Frozen Shut

To buy time and stave off losses, more funds are blocking withdrawals. Are they just postponing the inevitable?

http://money.cnn.com/2008/03/07/news/newsmakers/ceo_pay/index.htm?cnn=yes

High-profile ex-banking CEOs fire back following attacks on packages, telling lawmakers that figures were exaggerated by the media.