fdic today said banks using carry trade to buy stocks

Discussion in 'Wall St. News' started by piggie2000, Nov 10, 2009.

  1. hehe no shit. This was visible miles away.
     
    #11     Nov 11, 2009
  2. The TARP, in and of itself is NOT enough to "salvage" the system. That is why the Fed has been making loans to the banks (my bad - they are "swaps" for crappy MBS - you can see this crap on the Fed balance sheet - posted every Thursday after 4:30 P.M. Eastern)

    -gastropod
     
    #12     Nov 12, 2009