BlackRock

Bailing out the big banks and taking Europe with it 

In the middle of the WikiLeaks scandal that somehow threatens to completely derail international diplomacy, someone left the information valve open. It’s a great strategy. Fill the cup so full that no one will want to take a drink. The Federal Reserve, in its massive release of bailout information, cites Dodd-Frank requirements for the release of its data. However, the timing couldn’t be better. Today is a great day in mortgage finance to bury bad news. And if your government spent enormous resources helping foreign entities, now is the time to tell us. Apparently.