Fed Provides Liquidity to Stave Off Credit Crunch
Dec 12th, 2007 by wintercow20
Read more here.
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Will we ever learn who ends up with the funds?
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How will we be assured that this is temporary liquidity? In other words, the Fed needs to take this money back.
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Where is the line between bank recapitalization and temporary liquidity injections?
My take - an overhyped mortgage crisis is going to be managed into a real one. Sunspots!
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