Wow that worked out well. Like I said in the past. Bankers will engorge themselves with taxpayer money and refuse to lend or buy commercial paper. Wooops!!! Shorted on the sucker spike
Congress f'd around with wall street. It's our way or the highway attitude. Do you think Congress gives a shit? I don't. It'll take months to build an oversight committee. The childrens wooden arrow tax constituency got what they wanted.
Oh, how that forced, redemption selling has just begun. Scary thought. Babies being tossed with bath water and all of that...
Things are bad when tax payers become lenders of last resort. Maybe the current account will show a net inflow and problems will go away. I dunno.