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Archive for September 19th, 2008

19
Sep

Fed Up Friday

Green day in the offing: Resolution Trust style fix is in the works to buy mortgage backed securities and de-leverage the financial institutions. Treasury to guarantee money market funds, This is essentially designed to forestall a "run on the bank" that we saw the beginnings of yesterday after one fund "broke the buck" earlier this […]

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Archive for September 19th, 2008

Fed Up Friday

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