Market Update - on this episode we read from Wall Street Journal, The Fed is actually considering loaning money directly to Hedge Funds through the Repo Market's Clearinghouse, the Fixed Income Cleaning Corp., or FICC. This article written by Daniel Kruger, spotlights what is really going on behind Fed doors and its risky business, and the American people will sure have to pay for it. With the Repo Market up to $500 billion a night, now the Fed wants to bailout special interests such as Hedge-Funds, something is very wrong. Jim is live in the studio, with "Real Money" calling in from GSI Exchange..

 

Watch Now:
Share | Download(Loading)