WASHINGTON (Reuters) - The Federal Reserves actions to lend billions of dollars to prop up and sell off ailing brokerage Bear Stearns will help all Americans by stabilizing capital markets, a senior U.S. Treasury official said.
Saturday, 22 March 2008
An elite investment that cuts taxes
Exchange-traded notes look like mutual funds and ETFs, but theyre a form of the derivatives that big-money investors use for things like sheltering income. That advantage makes them worth a look.
Catering to the bailout nation
Heres where building bubbles on top of bubbles has brought us. Instead of letting the market work and creative destruction run its course, too many people want a handout.
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