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POPSNext Financial Crisis Starts Here "It is a cliché, but nonetheless true, that the end of each financial crisis sows the seeds of the next. Better regulation has a place, but the Fed is the key to attacking that cycle."
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POPSRisky Mortgage Lending Effects "If the Federal Reserve cuts interest rates in response to credit market problems, the housing market might get some respite. But the most likely outcome is that prices will remain under pressure."
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POPSAmerica risks the fate of Rome The writer is comptroller general of the United States and head of the US Government Accountability Office I wish I had a better feeling about a "credible champion" emerging from the existing political morass.
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POPSFed’s efforts to calm markets not over basically, what they are saying is that as the market wakes up to the poor lending of the last 10 years, the fed can basically only provide short-term liquidity, but cannot do anything about fundamental insolvency of the counterparties involved in the large-scale mortgage-bond markets.
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