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jdaasoc

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jdaasoc

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Re: ajtj99 post# 127088

Tuesday, 09/16/2008 10:59:30 AM

Tuesday, September 16, 2008 10:59:30 AM

Post# of 148479
they say don't fight the fed

The Federal Reserve Bank of New York said that it has delivered $50 billion to money markets via overnight repurchasing agreements, or repos, and that it "stands ready to arrange further operations later in the day, as needed." In addition, the Fed said it also will conduct its usual Tuesday morning $20 billion, 28-day single-tranche repo.
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