Following up on yesterday's job search request for a credit analyst to head the PPT's corporate bond purchase program (only job requirement is familiarity with the phrase "lift the offer" - if you know what "hit the bid" means, you are disqualified), here is another one, courtesy of The Ladders, in which the Working Group is realizing it really is underqualified to run $10 trillion worth of securities bought 30%-1000% higher than fair value.
And just so we are clear, this is (hopefully) in the realm of the humorous.
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Wednesday, April 29, 2009
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