August 31, 2007
Economy : Oh, well... this is a bad idea
The Fed has decided to cut Citi and BofA some slack... by allowing their depository subsidiaries to loan money to their brokerage group. Prep work for the cut off funds in the commercial paper market or the prelude to another depression?
Posted by mcblogger at August 31, 2007 03:11 PM
Trackback Pings
TrackBack URL for this entry:
http://www.mcblogger.com/movabletype/mt-tb.cgi/2356
Comments
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

