Fed Secretly Bailing Out Europe
Wed 28 Dec 11 | 11:50 AM ET
A former Fed official says in the Wall Street Journal that the Federal Reserve is covertly bailing out Europe. Insight with Gerald O'Driscoll, Cato Institute senior fellow, who says the Fed operated a "temporary U.S. dollar liquidity swap arrangement."
Posted by Peter Piper at 12/29/2011 12:14:00 AM