Federal Reserve meeting on Nov. 23 closed to the public? A timeline.
Submitted by Jim Brown on Wed, 02/04/2009 - 20:56Federal Reserve meeting on Nov. 23
http://www.federalreserve.gov/boarddocs/meetings/2008/nov200...
OK, now look at these charts, look closely at the dates notice when the sell-off occurs.
SKF: ETF to short financials x2 the inverse
http://finance.google.com/finance?client=ob&q=NYSE:SKF
VIX: Market volatility index
http://finance.yahoo.com/echarts?s=^VIX#symbol=^VIX;range=3m
Th FED meeting was on the 23rd but no announcement about an additional bailout was made until the 25th, 4 days after the sell-off started and 2 days before they even had a meeting?
Announcement:
http://finance.yahoo.com/tech-ticker/article/135071/Fed-Anno...
Congress is not invited to the meetings but somebody sure as hell is.
Maybe it was a lucky guess that they knew the FED was planning another bailout?
Free market... yeah right
"Reality is the leading cause of stress amongst those in touch with it."
--Jane Wagner
A Republic, If You Can Keep It