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RonnieD

04/22/09 10:15 PM

#45017 RE: daiello #45016

In the initial phase, the Treasury will provide $20 billion and the Fed will provide $180 billion. Treasury Secretary Timothy F. Geithner said last week that the Treasury could increase its commitment to $100 billion to allow the Fed to lend up to $1 trillion.
http://www.nytimes.com/2009/02/20/business/20lend.html?fta=y
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RonnieD

04/22/09 10:18 PM

#45018 RE: daiello #45016

http://thechartpatterntrader.com/

gets into FAZ around 20 minutes into the video chart