The Fed will buy $45 billion in long-term Treasurys monthly to replace Operation Twist
Live coverage of the FOMC's statement release.
Description (Article Summary)
The effects of QE4 are not likely to have a major impact.
Instead of facing criminal charges, HSBC settled with the U.S. government for $1.92 billion to settle money laundering charges. It's being called "too big to indict."
The U.S. government is selling off the last of its shares in American International Group and making a killing. Overall, the bank bailout was a pretty good thing.
SAC Capital Advisors former employee Matthew Martoma has been tied to a huge insider trading scandal. But the confusion about what is "inside information" puts a shadow over the allegations.
Free banking is inherently more secure and stable, but not as profitable as its ugly cousin, fractional-reserve banking.