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: MulhollandDrive who wrote (173529)12/24/2008 9:20:19 PM
From: rich evansRespond to of 306849
 
It matters not. ON lindy bills thread there is an article by Robert lucas a nubel laureate economist. As he says:

Their mission is to provide liquidity to the system by acting as lender of last resort. We conw't care about the quality of assets the Fed acquires in doing this . We care about the quanity of it liabilities.
Maiden Lane is a simple LCC which is being used by the Fed to purchse assets of all kinds to liquify and to get the financial system working again.. Lucas and the Fed are pros. You must trust them.
Rich



To: MulhollandDrive who wrote (173529)12/24/2008 10:03:21 PM
From: Bank Holding CompanyRespond to of 306849
 
I could have sworn it read: NEW YORK -(Dow Jones)- A fraud set up by American International Group Inc. ( AIG) and the Federal Reserve Bank of New York has bought an additional $16 billion in collateralized debt obligations insured through credit-default swap contracts.



To: MulhollandDrive who wrote (173529)12/26/2008 12:26:59 AM
From: tejekRespond to of 306849
 
Anything is better than Bush.