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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (388339)6/10/2009 10:33:07 AM
From: Real Man  Read Replies (2) of 436258
 
Some new dough... In the old days (2006) the DOW would already
be up thousands of points, just from a single operation
like this. I remember well when it soared 1500 from 8 billion
printing back then. These days it's a daily affair. I don't
know if anything can go down any more, except the clownbuck,
of course. And, back in 2002, I think, about 4 billion
in coupon passes in total was enough to turn the stock market.
That, and some lending. Less than 100 billion. Peanuts by
today's standard of ~ 9 Trillion in loans and guarantees -g-

New York Fed purchases
$7.5 billion in Treasury coupons
Mon, June 8
New York Fed purchases
$4.398 billion in agency coupons
Fri, June 5
New York Fed purchases
$25.8 billion net
($27.7 billion gross) in agency mortgage-backed securities
Thu, June 4
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