News Focus
News Focus
Replies to #32084 on The Black Box
icon url

michalel97123

08/15/07 11:22 AM

#32085 RE: wahz #32084

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?