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Hilarious Transcripts of Fed Minutes from 2008 Reveal Completely Clueless Fed

MishTalk

Here is a list of FOMC Transcripts and Other Historical Materials, 2008 Notes I purposely cherry picked statements of various Fed governors. Amazingly, Bernanke spoke of pent-up demand for housing in January of 2008 The January 29-30 transcript was a whopping 194 pages long. percentage point to GDP growth in 2008 and 0.3

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Inside a Fortune 500 Boardroom

CaseInterview.com

The conference room had an incredible view of Manhattan. I’ve never seen a conference room table so large before. In contrast, my favorite boardroom belonged to a clothing retail chain in California during the Great Recession of 2008. If you know finance, especially the finance of retail businesses, that’s nearly impossible.

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Greek Finance Minister Proposes Greece for Puerto Rico Trade: Should US Accept the Offer?

MishTalk

Greek finance minister Wolfgang Schäuble has a sense of humor. Who knew Wolfgang Schäuble, Germany’s prickly finance minister, had a sense of humor? At a news conference on Thursday, Schäuble chided U.S. Dow Jones Newswires reported on the news conference. Today he said to U.S. would allow Greece to adopt the U.S.

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Damn the Bubbles, More Printing Ahead; Property Bubbles and the Perils of Easy Money

MishTalk

Finance reports Yellen strongly defends easy Fed policies, cites U.S. I think this extraordinary commitment is still needed and will be for some time, and I believe that view is widely shared by my fellow policy-makers at the Fed," Yellen said at a community reinvestment conference. Part of China’s $7.5

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Magazine Ad Revenues Plunge; Google Collects Half of Mobile

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. In addition, some news magazines, most notably The Economist and The Atlantic, have begun diversifying revenue streams with such initiatives as events, conferences and creation of niche content. A major drop-off in ad pages occurred from 2008 to 2009 (17%.)

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You Can Be a Great Leader and Also Have a Life

Harvard Business

That was in 2008. I shouldn’t even be at this conference,” Hickox said. ” What she has found – and behavioral science research reinforces — is that having a supportive, like-minded network of peers via the summit and their regular conference calls makes it more likely for behavior changes to stick.

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"Will These Central Bank Morons Ever Learn?" asks Albert Edwards at Societe General

MishTalk

And they should have realised after the 2008 Great Recession that the longer they suppress volatility, both economic and market, the greater the subsequent crash. With borrowing costs once again near historic lows, Congress could simply decide to finance some more investments. Will these morons ever learn?

Banking 75