Friday, Jun 27, 2008
Following on from Citi's recent warning.
Daily Telegraph: Barclays warns of a financial storm as Federal Reserve's credibility crumbles
"This is the first test for central banks in 30 years and they have fluffed it. They have zero credibility, and the Fed is negative if that's possible. It has lost all credibility," said Mr Bond.
Shares in fluffy white cats rallied on the news.
Posted by dave spart @ 04:34 AM (183 views) Add Comment
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