http://www.bloomberg.com/news/2013-...edented-losses-by-holding-mortgage-bonds.html according to the paper cited in the article looks to be about 400 billion, that is probably similar to the final cost of tarp. Privatized gains, socialized losses; in other words business as usual...
Yeah, on the balance sheet of the banks. And you know how much into the economy? And you know the price above mark that the Fed is paying? I think you mean well but you don't know what you're talking about. Ask Obama how much money was made on GM. Regardless, this is a discussion for another thread.
just a guess and this type of trade is pissing upstream. not saying it will happen tomorrow but maybe next week if you believe last few days showed distribution.
add 18.5,cash chart with a 3 bar tweezer add 19 25 offer 20, add 20.5 avg 16.5 avg 16 90 , reduce 16 5