![]() ![]() |
||
2008-10-03 — rgemonitor.com
Today, in our trading room, I could see the manifestations of a lending freeze, and the funding hiatus for banks and companies, with libor bid only, the commercial paper market closed in effect, and a scramble for cash - really really scary. The bailout bill, all other things equal, will probably further shut down the private market (or whats left of it).
source article |
permalink |
discuss |
subscribe by:
Comments:
angryvoodoo at 03:27 2008-10-04 said:uh... u have to subscribe to read the whole article or did he mess up? Permalinkadd 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. |