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Behind The Scenes At The Fed - How Bernanke Pulled The Fed His Way

Friday, September 28, 2012 - 5:39 AM
The major new action that was announced at the last FOMC meeting didn't come about quickly. As described in this Wall Street Journal article, there were a lot of behind the scenes discussions:
As markets rallied at the prospect of new measures to ease credit, a quiet drama was unfolding behind the scenes. Mr. Bernanke was negotiating a high-stakes plan in a flurry of private conversations with colleagues hesitant about aggressively re-engaging the levers of America's central bank.

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Note, I had to use Google News to view the article.
Ken TuminKen Tumin5,467 posts since
Nov 29, 2009
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