New York Fed Considering Becoming Sugar Daddy to Hedge Funds as their Distress Grows

Morphing from a central bank mandated to set monetary policy on the basis of maximum employment and stable prices, to the lender-of-last-resort to the criminally-charged trading houses on Wall Street and now, potentially, to the insider-trading/Big Short hedge funds, the New York Fed has totally lost its way if not its mind… Read More New York Fed Considering Becoming Sugar Daddy to Hedge Funds as their Distress Grows