This video was going around last week. David Stockman, former director of the Office of Management and Budget under President Reagan, said the "Fed was injecting high grade monetary heroin into the financial system of the world and one day it will kill the patient". Uh oh. BloombergTV clip from 11/4/2010 after the jump.
CFTC Cancels Volcker Rule Meeting Due To "Inclement Weather"
34 minutes ago