Director | March 16, 2009
The Federal Reserve is currently requiring major banks to reassess their reserves in light of a worst-case scenario. This is being called a stress test. Research Reports offers a preliminary assessment of major banks’ capital needs. Bill Gross of Pimco notes that trillions of dollars of new capital will be required to shore up the […]
Category: Global Economy |
2 Comments »
Tags: Bill Gross, credit crisis, Federal Reserve, stress test
Director | December 28, 2008
NWOU is interested in the question of whether the global crash was planned or allowed to happen. Though we cannot answer this question definitively, we have come across a couple of messages that bear on the question.
Category: Global Economy |
2 Comments »
Tags: Austrian school of economics, Ben Bernanke, Charles Prince, Citigroup, Federal Reserve, Federal Reserve banks, Gary North, global economic crisis, Ludwig von Mises
