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To: Toddsterpatriot

It is this little “only” thing. I realize you have been asleep for the past few months, but not to long ago the FED came up with a couple of new ways to inject liquidity in a total dosage of around $500 B -in round numbers - since the beginning of the BSC debacle which everyone besides you calls a bailout. Go to their website and you can read about it.


137 posted on 04/30/2008 8:12:55 AM PDT by AndyJackson
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To: AndyJackson
Lending through the discount window's primary credit facility -- used by commercial banks -- as of Wednesday was $13.46 billion, up sharply from $8.83 billion the previous week, according to Thursday's report. Average daily borrowings were $10.73 billion, the highest since after the Sept. 11, 2001, terrorist attacks.

Lending through the separate primary-dealer credit facility -- open to many of the largest investment banks -- totaled $18.56 billion as of Wednesday, down from $25.66 billion the previous week.

WSJ

139 posted on 04/30/2008 8:48:15 AM PDT by Toddsterpatriot (Why are doom and gloomers, union members and liberals so bad at math?)
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