Wednesday, March 19, 2008

Readings: Subprime mess, Fed rate cut & Impact on India

> Was JPM's takeover of BSMA @ USD 2 per share a bailout? - NOPE, says James Hamilton

> Is the US headed for Doomsday? - THINK NOT, says Dr. Ajay Shah.

> Will the 75 basis point cut help the US economy? MAYBE NOT, says the Economist.

> Treat the Federal Reserve as a Bank? And you want to Question their lending practices, says Hellasious

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