http://seekingalpha.com/article/119...o-an-end-on-september-18-2008?source=wildcard If you knew what was happening, it was as frightening as anything I've ever experienced.
yeah....and had our fed not closed down the operation, who could've withrawn $5T from our system? obviously china.....
How did they come up with the $5.5 trillion with a line and a ruler. Maybe the dickheads passing around this story should lookup how much money is actually held in money market funds. http://www.ici.org/stats/latest/mm_02_05_09.html#TopOfPage
no particular reason........who else could've? Europe was just as hellish those days.......... china or Japan, or both, had to be a major.
That's right, there's all sorts of stupid sensationalist crap in these... I commented on this in a couple of threads that have since disappeared. Whoever looks at this as a giant conspiracy by the Chinese or whatever, has absolutely no idea of a) how the money markets work; b) what m-mkt funds do and how they operate; and c) what actually happened on and immediately before Sep 18, 2008.
The FED could have done it all all of it they could have done it from overseas even they are a capable bunch