Home » Posts tagged with » Treasury Department

Did Timothy Geithner leak Fed policy decisions to major banks?

Bloomberg Businessweek reports: A research paper has found “robust evidence” that for years some traders got early news of U.S. Federal Reserve rate announcements and then traded on it during the Fed’s media lockup. The paper, covering September 1997 through June 2013, detected abnormally large price movements and imbalances in buy and sell orders that […]