SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joe S Pack who wrote (22743)9/18/2007 8:54:10 PM
From: energyplay  Read Replies (3) of 219198
 
I am thinking that Northern Rock was the reason for 50 bp instead of 25. A bank run in an English speaking country adds large contagion risk - and the FED did not want to be behind the curve.

This will bail out most of the brokers, except Bear Stearns.

This may provide a window for fixed refis for many people whose mortgage will reset next year.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext