Latest market melodrama plays out in familiar fashion

Leckey, Andrew
September 2007
Journal of Business (10756124);9/13/2007, Vol. 22 Issue 19, pB8
Trade Publication
The article reports about the several stock market problems at the Federal Reserve and the possibility of a drop as it happened several years in the past. The author cites the impact of the recent drop in the subprime mortgage market. He emphasized that Richard Sylla, a professor at New York University's Stern School of Business, said that the Federal Reserve can make the market stable and has the capability of operating the financial market.


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