Exact(3)
If you are buying security, it is the place to shop.
Intel Corp. made two large purchases, buying security software firm McAfee (for $7.7 billion) and the wireless business of chip manufacturer Infineon (for $1.4 billion).
Governments will keep trying to improve public safety, but no matter how much is spent, there may be a limit to buying security against that one person.
Similar(57)
Mr Bernanke may not want to keep buying securities at this point.
Credit Suisse won that auction, buying securities with a face value of about $7 billion.
An earlier draft had proposed prohibiting banks from buying securities unless they knew that their clients wanted to buy them.
American efforts to draw clear boundaries between prop trading and buying securities to sell to clients are proving fiendishly difficult.
Many investors, however, skip this step and instead build their portfolio by haphazardly buying securities they like.
It will, like the Bundesbank, use repurchase operations (buying securities and selling them back later) to affect interest rates.
And foreign buyers may have no protection even when buying securities issued by American companies if the securities are not listed on an American exchange.
For the Fed to know whether to continue buying securities, it wants to see the economy improve.
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