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September 18, 2007
Fed Confounds the Markets; Ride of the Valkyries
Ben and those kids at the Fed are tricksy critters. They had us all convinced that a quarter-point Fed rate cut was coming ... and then wham, they unanimously vote to drop a half-point cut on the market. Critics are soon going to airbrush Helicopter Ben onto scenes from Apocalypse Now's famous Ride of the Valkyries scene.
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