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Re: wahz post# 32084

Wednesday, 08/15/2007 11:22:29 AM

Wednesday, August 15, 2007 11:22:29 AM

Post# of 36151
one more fed thing for the thread.
Steve Leesman referrred to someone who was pinging him who was saying fed is liquifying banks each day but banks are not using funds as intended. What he said that must happen is that fed start buying prime mortgages directly which apparently is another thing they can do to unseize the markets. Make any sense?

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