FED MINUTES REVEAL FOMC WAS CLUELESS AS ECONOMY CRASHED IN 2007

From Great Leap Forward
January 18, 2013 - 3:59pm

We finally can know what the Fed officials talked about in their FOMC meetings in 2007 as the economy crashed all around them: FT report here http://www.ft.com/intl/cms/s/0/abc16b8a-6193-11e2-9545-00144feab49a.html#axzz2IMQwl7c4; and Fed’s minutes here http://www.federalreserve.gov/monetarypolicy/fomchistorical2007.htm After the Greenspan fiasco, when Rep. Henry Gonzalez caught him fibbing about recordings of Fed minutes (Greenspan denied that the Fed kept them, but actually did [...]


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