Thursday, March 26, 2009

Frontrunning: March 26

  • PIMCO needs more of your money, suggests Fed should double its balance sheet (Reuters)
  • California's wipeout economy (Washington Post)
  • U.S. investors don't care about bad data (FT)
  • Obama to increase regulation on Wall Street firms, hedge funds and derivatives markets (Reuters)
  • Record 5.56 million collect jobless claims (Bloomberg)
  • Toxic assets were hidden assets (WSJ)
  • The real AIG scandal, Continued (Spitzer in Slate)
  • Deutsche financial analyst Mike Mayo to join Calyon, replaced by Glenn Schorr (Bloomberg)

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1 comments:

Anonymous said...

So PIMPCO wants the Fed to increase its balance sheet by $3T. The Treasury deficit is expected to increase by $6T. Is Fed balance sheet increase to buy the govt. paper?