The Next Federal Reserve Chief: Larry Summers Fight Eases Janet Yellen’s Confirmation - Real Time Economics - WSJ
"If Janet Yellen is sworn in next February as the 15th leader of the Federal Reserve, she’ll owe Lawrence Summers a thank-you card.Until a few months ago, Ms. Yellen had been widely seen as President Barack Obama’s no-brainer choice to lead the central bank."
Twitter / simonhinrichsen: How are US Treasuries used ...
This is important because Treasuries use as collateral for repo and futures markets is where the financial dislocation is going to come if the US defaults."How are US Treasuries used as collateral, really? This is from JP Morgan. "
Congress' Job Approval Falls to 11% Amid Gov't Shutdown
But "Americans' approval of their own representative averages 44%". This i...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.