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To: Aloysius Q. Finnegan who wrote (15825)10/26/2008 2:09:58 PM
From: Rarebird  Read Replies (1) | Respond to of 29622
 
<<Regardless of how much money the FED pumps into the banks "they have had so many losses and faced so much uncertainty that they dared not lend for fear of killing their banks with bad loans - so we actually have had a solvency crisis.">>

The more "money the Fed" and the other major global central banks "pump" into their systems, the worse the situation gets.