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Strategies & Market Trends : The Ego Forum -- Ignore unavailable to you. Want to Upgrade?


To: ames who wrote (2605)9/17/2008 3:52:24 PM
From: hubris33  Read Replies (1) | Respond to of 12175
 
Trade is on the inflationary steps the Government is taking to "solve" the Banking/Credit Crisis. Let's inject some cash!

Normal $20B injection followed by an "emergency" $50B injection, then an $87B bailout of Fannie/Freddie [with $5.4T of debt for the US taxpayer potentially] and then today another $82B of bail out of AIG.

$70B
$87B
$82B
$239B - Ah not to worry! Still well below a Trillion - Now THAT is "real" money.

Anyone wanna bet that Barclays gets some "help" from the borrowing window or some other such thing to help out on its purchase of Lehman?

How soon until the Big 3 Auto makers get some "help?" After all it IS and election year....

H3