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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.

Re: Fed investment managers

Posted by WARREN MOSLER on December 31st, 2008

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(email exchange)

>   On Tue, Dec 30, 2008 at 5:53 PM, Andrew wrote:
>   The Fed chose as investment managers; Blackrock, GSAM
>   (Goldman Sachs Asset Management), PIMCO and Wellington
>   Management.

More foxes in the hen house?


One Response to “Re: Fed investment managers”

  1. knapp Says:

    Patronage – the real reason Treasuries exist.


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