The Fed is also supposed to regulate banks, and there are some activist groups who bird-dog their failure to do so, especially in the fields of red-lining and lending discrimination.
-----Original Message----- From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org] On Behalf Of Charles Brown Sent: Tuesday, October 25, 2005 5:50 PM To: lbo-talk at lbo-talk.org Subject: [lbo-talk] DD & Max on Bernanke: (Thank Heavens) He's no Feldstein
Does the Fed do anything else besides influence interest rates ? How "wrong" can you get the interest rates ? Did Greenspan really do anything or is he more like an astrologer ?
CB
___________________________________ http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk