No. of Recommendations: 0
I dunno. The Fed has two tools, the funds rate and the discount rate, and both of them are hammers. I'm a tool kinda guy, so I think I'd try to figure out some other tools to use. It's not a fed issue, but maybe the hedgies should be taxed at regular earnings rates instead of as capital gains. One big thing is that we have to be sure that, in the future, any entity that performs banking activities must conform to banking regulations. It might be useful to find a way to spank S&P and the other ratings organizations, as well.

Hedge
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.