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Was That Fed Rate Cut Merely a Coincidence?

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NOT TO WORRY. THE INSPECTOR IS ON THE CASE

Is there a connection between Société Générale’s frantic dumping of perhaps $70 billion worth of bad bets on European stocks placed by a rogue trader and the Federal Reserve’s panicked cut in interest rates later in the same day?

More here.



One Response to “Was That Fed Rate Cut Merely a Coincidence?”

  1. DLS says:

    Look! It's an “Iran has never sought nuclear weapons” guy.

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