Discussion in 'Trading' started by MrDODGE, Mar 31, 2009.
More government intervention?
'Cause the shadow banking system's balance sheet has now been replaced by the (almost) unlimited balance sheet of the US taxpayer.
In general, I'd argue that the whole concept has become completely meaningless. It's a spread between two largely fictional rates that most people in the money mkts have almost forgotten about by now.
Because it was up SO much.
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