Fed cuts rate to help ease housing slump - Yahoo! News
Jim Cramer from Mad Money was looking for 50 basis points. I was looking for 400 basis points, but hey, I'm an optimist.
Seriously, 50 bp isn't enough. The Fed always does too little, too late. I know, they're not in the business of roiling the markets or the economy, but that's what they seem best at :)
Wednesday, October 31, 2007
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