Fed leaks lead to billions on Wall Street balance sheets

My collegue at The New York Post, John Crudele, wrote on Monday about how the New York Fed President Bill Dudley, back in 2011, was meeting with the Street during “quiet periods” at the Fed. Crudele FOIAed Dudley’s calendar to see who is was lunching with during the tumultuous time in 2011.The quiet period is […]

What happens when conspiracy theory become market fact?

French bank SocGen issued a report this week, which puts the lie to central banks not playing in the stock market. While some have written about the President’s Working Group on Financial Markets — commonly called the Plunge Protection Team — for its involvement in the equity markets, many have called them conspiracy theorists for […]