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 : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: 10K a day who wrote (146878)9/16/2008 9:03:17 AM
From: Les HRespond to of 306849
 
The Fed is out of money.

They have 400-500 billion dollars committed the special lending facilities. They have another 200 billion or more in the normal liquidity operations.

They've asked the Treasury for cash infusion.

I thought both they and FHLB were supposed to get injections (loans) from the tax payers under the Fannie & Freddie rescue authorization.

FDIC and OTS will need more money.