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ajtj99

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ajtj99

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Friday, 03/07/2008 11:21:48 AM

Friday, March 07, 2008 11:21:48 AM

Post# of 148479
I probably don't understand this stuff as well as I should, but the increase in the Fed auctions to $100-billion from $30-Billion would indicate to me severe, unrealized impairment on the balance sheets of the major banks in the US.

http://biz.yahoo.com/ap/080307/fed_credit_crisis.html

While this is not a surprise, the method they are using to address it really is puzzling. It's like pushing on a string. It is like putting a Band Aid on one of those Monty Python flesh wounds.

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

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