Fed Let Largest Banks Turn Junk into Cash During the Financial Crisis


Jobs report came in better than expected[CNBC.com via Reuters]

Fed let largest banks turn $118 billion in junk bonds into cash during financial crisis [Bloomberg]

"Nasdaq, ICE Make Hostile Play for NYSE Euronext" [NYTimes DealBook]

Shocker: Hedge fund managers make a lot of money! And "25 Hedge Managers Earn as Much as 441,400 Americans".[CNBC.com via NYTimes]