11.22.2010

Fed Asshat Irony: Zero Credibility Frederic Mishkin Musing On Fed Credibility

Know what's really hilarious? When a former Dirty Fed operative with zero credibility muses on Fed credibility.

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CalPERS Fail

Despite the awesome bull market this year, CalPERS again missed its return target, earning only 5.8% vs. its required 6.8%. CalPERS has mi...