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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (6772)5/2/2008 11:31:56 AM
From: Giordano Bruno  Respond to of 71442
 
Asia Getting Fed Up With Bernanke's Rate Cuts: William Pesek

bloomberg.com



To: Real Man who wrote (6772)5/3/2008 8:58:31 AM
From: sea_biscuit  Read Replies (1) | Respond to of 71442
 
The Fed is taking in so much of the mortgage garbage and now they have even started taking uncollateralized loans as... collateral!

How can they get out of this mess without monetizing all the crap that they have taken ownership of?!