2007-08-16 — wallstreetexaminer.com
"If next week, the Fed monetized $12 billion in mortgage backed securities, would that miraculously shore up the housing and mortgage market? I’d say for a few minutes, but really the only effect will be to allow some “favored†Pig Man financial institution to unload overpriced securities on the Fed, all while Rome continues to burn."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
