Ep. 99 Real Conversations: Chris Whalen, Chairman, Whalen Global Advisors
Hedgeye Podcasts
The Fed's Own Mistake
The Fed has to understand that open market operations are not open-ended. Congress never gave them that power. The Fed doesn't have power over market structure. That belongs to the SEC. This is the thing that blew up long term capital management and Kitter P buddy. And a lot of these things aren't really marked the market.
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