Relevant:
- Oil Re-Bloodies the "Smart Money" in "Liquidity Death Spiral"
- Real Deal on Retail- Even Worse Than They Said
- 16th Sequential Equity Fund Outflow Takes Total To Over $50 Billion YTD; Retail Boycott Of Stocks Continues
- Fed announces it will buy $35 billion in MBS Reinvestment Program in next month for total purchases of $85 billion
- Oil, Somehow, Is Higher Again
2008-05-22 — wallstreetexaminer.com
"As the Fed feeds liquidity out to the hinterlands via the TAF, it continues to punish the Primary Dealers (PD) by withdrawing the cash to pay for the TAF from the PD trading accounts.""
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