Tag Archives: European Central Bank

this pressed: Leak at Federal Reserve Revealed Confidential Bond-Buying Details|ProPublica


Excerpts: “Update, Dec. 1, 5:55 p.m.: The Federal Reserve Board declined to respond to detailed questions about this article. The Inspector General also declined to comment. Former Fed Chairman Ben Bernanke referred all questions to the Federal Reserve. Medley Global Advisors did not respond to requests for comment.

The Federal Reserve sprung a previously unreported leak in October 2012, when potentially market-moving information about highly confidential monetary deliberations made its way into a financial analyst‘s private newsletter.

The leak occurred the day before the scheduled public release of meeting minutes that shed new light on the Fed’s decision to embark on a third round of bond buying to boost the economy, ProPublica has learned.

The newsletter revealed what the minutes would say the next day as well as fresh details about the Fed’s internal plans and deliberations – information that could have provided traders with an edge.”   |ProPublica

Leak at Federal Reserve Revealed Confidential Bond-Buying Details

France denies 10-15 bn euro bailout for major banks


France denies 10-15 bn euro bailout for major banks
France denies 10-15 bn euro bailout for major banks (Click on picture to read the entire story ar France International 24/7)

From the article:

French banks have a sufficient capital base compared to other European banks and they are making profits.”