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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: roguedolphin who wrote (222088)9/25/2009 1:47:56 PM
From: marcherRead Replies (1) of 306849
 
"...The Fed would borrow from the funds via reverse repurchase agreements involving some of the huge portfolio of mortgage-backed securities and U.S. Treasuries that it acquired as it fought the financial crisis, the newspaper reported, without citing any sources..."

so, the fed plans to dump toxic mbs into money markets. am i reading this correctly?

and since they are telling us now, doesn't this suggest that they have already begun? -ng-
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