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2010-01-06 — reuters.com
The Fed's latest statement shows they continue to want to have it both ways -- prop up the ailing housing market without actually having to print more money to back up their words. But this "jawboning" is unlikely to be enough in the face of the fiscal pressures out there in the fixed-income funding world...
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tvsterling at 22:20 2010-01-08 said:
Have you heard about the FED's new energy efficiency initiative? They plan to install a new heating system at their headquarters to burn wastepaper; strictly state of the art, nearly 100% efficiency. The idea is to continue to purchase waste paper (MBS) for the foreseeable future & burn it in the new heating system to heat the building. Permalinkadd a comment | go to forum thread
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