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Fed is to Blame for Financial Crisis: Faber

Tue 23 Sep 08 | 02:50 AM ET
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Fed is to Blame for Financial Crisis: Faber

Tue 23 Sep 08 | 02:50 AM ET
The Federal Reserve, which has encouraged excessive borrowing, is to blame for the credit crunch that has gripped world markets for more than a year, Marc Faber, the author of the Gloom Boom & Doom Report, told CNBC.

Topics:

Economy (U.S.)  | Investment Strategy  | Politics and Government  | Stock Market  | Wall Street Banks

Sectors:

 | Financial Services
 
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