Posts Tagged ‘alvarez’

VIDEO: Federal Reserve Manipulating Stock Prices?

Friday, September 25, 2009 19:52 2 Comments

This is Rep. Alan Grayson questioning Federal Reserve General Counsel Scott Alvarez about the Fed’s market practices.

“The Federal Reserve Bank of New York trades U.S. government and select other securities with designated primary dealers, which include banks and securities broker-dealers. Weekly transaction, market share data and primary dealer lists are updated periodically. Much of [...]

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