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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (417608)9/17/2008 2:07:38 PM
From: Road Walker  Read Replies (1) of 1578754
 
Treasury officials said that the first auction would be for a total of $40 billion and would occur later Wednesday. The auction would be for cash management bills that will mature in 35 days.

The announcement represented an unprecedented action in which Treasury will be selling debt securities such as bonds for the nation's central bank.


Hope buyers show up... or Tim may find out that we really are broke. (And then blame the Democrats).
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