Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (543383)	1/12/2010 8:13:24 PM
From: combjelly	Read Replies (1) \| Respond to of 1574489

"Now if they can handle the unwinding and the regulation going forward I would call it an economic genius... it there is such a thing." I wish they would start. Looks like it will take another crash before they start listening to Volcker.

To: Road Walker who wrote (543383)	1/12/2010 8:21:34 PM
From: tejek	Respond to of 1574489

$45 billion definitely ain't pocket change. Let's see how the Rs make it into a bad thing. Federal Reserve earned $45 billion in 2009 Buy low, sell high(er). They picked the bottom... and they set the bottom with the rescue. It's going to written up in economics texts as the way to avoid a depression. Pretty amazing really. Now if they can handle the unwinding and the regulation going forward I would call it an economic genius... it there is such a thing.