2 ms·
That call was not about the WGFM working group for financial markets. That call was to try to calm markets “hey everyone the banks are fine!” Which naturally le
by ohiovr 8y ago
That call was not about the WGFM working group for financial markets. That call was to try to calm markets “hey everyone the banks are fine!” Which naturally led many investors to question “Were we supposed to be concerned with the financial system after many months straight of assurances nothing whatsoever was wrong?”
The call to the wgfm was after the markets closed on Monday.
They just talked about convening on Monday from Sunday’s call
https://www.yahoo.com/amphtml/finance/news/morning-brief-mnuchin-calls-bank-112055906.html https://www.yahoo.com/amphtml/finance/news/morning-brief-mnu...