The Fed’s Dilemma
Posted in Uncategorized on March 17th, 2008 by Paul Deng – Be the first to commentIt's really a difficult decision for the Fed to make: financial meltdown or moral hazard.
Archive for March 17th, 2008
Vicious Cycle: Bear & Lehman
Posted in Uncategorized on March 17th, 2008 by Paul Deng – Be the first to commentWhen you are in trouble, people shun away from you, bad words spread. More people refuse to deal with you (themsevles in panic). Then you are in deeper and deeper trouble. This is called “vicious cycle”. It brought down Bear Stearns. I wish Lehman Brothers could survive this.
