Wall Street Bailout

[DERBENSKI]

'zardiw'

We can only defend the dollar for so long, what this really is for is to prop the dollar, to give us foreign currency to dump to keep the dollar floating....

I am going to guess that they increased the swap lines with Japan, Canada and Swiss etc.

ECB, Fed double swap lines to US$240 billion

The European Central Bank and the U.S. Federal Reserve have doubled to US$240 billion the amount of dollars being made available to banks hungry for cash.
In an announcement Monday by the ECB _ the central bank to the 15-nation eurozone _ said it and the Fed decided to double their temporary reciprocal currency arrangements, or swap lines, from US$120 billion to US$240 billion.

http://www.etaiwannews.com/etn/news_content.php?id=751334

Derb