Fed Delays Release Of Latest POMO Schedule Due To "Technical Problems"
From Reuters: "NY Fed delays release of latest treasury purchase schedule due to technical problems." And this from the people who run the world and monetize a trillion+ in debt per year? Why doesn't the Fed tell us the true reason for the delay: Primary Dealer Bank Holding Company Hedge Fund XYZ is holding up the release of data until the exclusive of bond allocations to said bailed out hedge fund is ironed out in exchange for various recent commodity downgrade research reports?
(we jest... maybe).
In the meantime perhaps it is time for the FRBNY to splurge for a couple of Borg drone interns from the Ivy League: NYU is proving dramatically inept at running the world. And a Bloomberg terminal too...
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