ACOLMAN

Your account's overdrawn http://taku-phot.com/?resume-proofreading-service child labour essay Pimco, a unit of German financial-services firm Allianz SE, was one of four firms the central bank hired to help it buy agency MBS in 2009 under the first phase of quantitative easing, called QE1. In essence, these firms collaborated with the Fed on writing its playbook for the program. The aim was to stimulate lending and spending by driving down interest rates through mass purchases of bonds, flooding the market with cash.