"The forces of the market are just that: They are forces; they are like the wind and the tides; they are things that if you want to try to ignore them, you ignore them at your peril, and ... if you find a way of ordering your life that is compatible with these forces, indeed which harnesses these forces to the benefit of your society, that's the way to go." -- Arnold Harberger, University of Chicago Economist
Friday, April 4, 2008
Federal Reserve Bank of New York president testifies concerning JPMorgan-Bear Stearns deal
Video - CNBC.com: "Timothy Geithner on JPMorgan-Bear Stearns Timothy F. Geithner, Federal Reserve Bank of New York president testifies before the Senate Banking Committee on the involvement in the JPMorgan-Bear Stearns deal"
