Entries tagged "The Federal Reserve"
With global credit markets all but frozen and investors spooked by the stalled $700 billion Wall Street bailout, U.S. and European central banks on Friday delivered a major cash infusion and pledged to loan money over a week rather than just overnight....
At The Deal's Fifth Annual Private Capital Symposium, Carlyle Group managing director Michael Zupon shared his thoughts on the leveraged finance markets and the recession. Zupon had some kind words for the Federal Reserve. "What the Fed did at the end of the first quarter was brilliant," he said. ...