Not only is the Fed cutting their lending rate on Monday, they're going to accept mortgage-backed securities as collateral for loans to banks at least 6 months. Additionally, they are providing $30 Billion financing to JP Morgan for their $236 Million purchase of Bear Stearns- to accommodate for the bad loans & riskier securities.
read more | digg story
Subscribe to:
Post Comments (Atom)
4-17-2024
Nukes in space: a bad idea in the 1960s and an even worse one now Evidence for Ancient Nuclear War on Earth UAE Sky Turns Green and Floods A...
-
FLASHBACK: Kremlin to Pitch New Currency... BEIJING TO PITCH NEW GLOBAL CURRENCY; DUMP DOLLAR OBAMA TO THE RESCUE! PLAYS HIS $1 ...
-
"Multiple indications of vote fraud are beginning to pop up regarding the New Hampshire primary elections. Roughly 80% of New Hampshire...
-
They're saying F-U to Congress, essentially read more | digg story
No comments:
Post a Comment