"By pumping a total of $62 billion on Thursday and yesterday into the pool of funds available for lending, the Fed can help enable small investors to continue to trade securities, confident that the checks they receive from their brokers will not bounce." That is from a NY Times article, here: http://www.nytimes.com/2007/08/11/business/11fed.html?hp Gotta help those small investors out, don't we?
.....and enable the big Wall Street hedge funds to continue to trade securities, confident that their pay checks will not bounce."