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


To: roguedolphin who wrote (222088)9/24/2009 4:13:34 PM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
Ben starts messing with money markets, I take my remaining money market funds out and buy bullion. I ain't kidding.....



To: roguedolphin who wrote (222088)9/25/2009 1:47:56 PM
From: marcherRead Replies (1) | Respond to of 306849
 
"...The Fed would borrow from the funds via reverse repurchase agreements involving some of the huge portfolio of mortgage-backed securities and U.S. Treasuries that it acquired as it fought the financial crisis, the newspaper reported, without citing any sources..."

so, the fed plans to dump toxic mbs into money markets. am i reading this correctly?

and since they are telling us now, doesn't this suggest that they have already begun? -ng-