
Quote from mschey:
WTF do you know about what the FED is doing, or intends to do, other then their policy statements, otherwise known as propaganda, the release to the public? You Don't!
Cramer says the FED hasn't bothered to check with any of the big firms to get a handle on what's going on in the markets, and that is both bothersome, and a sign that they are sleeping on watch! I don't expect them to act, every time the mkt hiccups, but I expect them to get a handle on the situation.
