Fed Provides Liquidity to Stave Off Credit Crunch
Posted in Macroeconomics on Dec 12th, 2007
Read more here. Will we ever learn who ends up with the funds? How will we be assured that this is temporary liquidity? In other words, the Fed needs to take this money back. Where is the line between bank recapitalization and temporary liquidity injections? My take – an overhyped mortgage crisis is going to […]
