Hardly, I asked you a question. True it was flippant, but you are the one who is trying to read Citibank's mind. Somehow they are going to use a run on a money market fund in 2008 as the reason to provide disclosures that are required by federal and state laws.
A rather strongly worded question, but OK. My original statement began with "I wonder if..." My answer is, I was not thinking of anything like a suspension of constitutional rights.
Somehow they are going to use a run on a money market fund in 2008 as the reason to provide disclosures that are required by federal and state laws.
So citi is required by law to keep deposits for 7 days under some conditions?
BTW, who took out $500B in a couple of hours in Sept. 18 2008, and why? A rare but natural market phenomenon? Some kind of irrational panic that grew out of control? A kind of conspiracy by a Soros type to elect Obama?
I confess that the timing just before the election seems suspicious to me, but innocent improbable coincidences are possible.