New York Fed organizes LTCM bailout

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• Princes of the Yen whole source · open book

  At the end of September, William McDonough, the chairman of the New York Fed, summoned some of the most powerful men of world finance to the boardroom on the tenth floor of the New York Federal Reserve.

  chapter: 17. The Asian Crisis and the Central Bankers

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• Richard Werner author of the source

Appears in 3 stories

• Asian crisis and the blocked Asian Monetary Fund step 10
• Princes of the Yen: Japan built, bubbled, and broken step 280
• The lost decade: credit crunch, stimulus, and broken banks step 24

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