Market Activity in CDO Swap Market works in the Fed’s best interest.
Tags: AIG + Economy + Federal Reserve + Investing XLF + Morgan Stanley + Treasury + WaMu
Last night the central bankers huddled and decided to inject $240 billion into the worldwide banking system in an attempt to thaw the credit lending freeze—a result of the turmoil engulfing Wall Street and risky banks. This liquidity move addresses any shortage of capital to lend, but not the issue of trust that has been […]
September 18, 2008 - Economy, Politics - 0 Comments
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