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To: Real Man who wrote (404342)5/7/2010 5:07:54 PM
From: Jeff Jordan  Respond to of 436258
 
footnotes:
3
During his July testimony before the U.S. House of Representatives Committee on Financial Services,
Chairman Bernanke cited specific monetary policy tools that could be used in the future to impact short-term
rates and/or drain reserves, including raising IOER, conducting reverse repurchase agreements with dealers
and other counterparties, and outright sales of SOMA holdings.

SOMA? I'm asleep already!<g>

Woolly bully....watch out...LOL Uncle Sam the Sham

youtube.com

Hey big bad wolf, are you going to eat me whole?
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LOL...No, I'm going to spit that part out?....in a derivative<g>