And, yes, I DO take it personally: $154B + $84B + $8.5B + $4.2B + $38B = $288.7B

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And, yes, I DO take it personally

Saturday, August 11, 2007

$154B + $84B + $8.5B + $4.2B + $38B = $288.7B

$154B on thursday and now this, yesterday...

The European Central Bank lent $84 billion Friday to financial institutions, a day after providing $130 billion. Japan's central bank added $8.5 billion, and the Reserve Bank of Australia provided $4.2 billion.

The Federal Reserve injected $38 billion into the system in three increments Friday, its biggest one-day infusion since September 2001.

i know zip about financial markets, but of one thing i am certain... SOMEBODY'S making a killing out of this... can anybody tell me who...?

Labels: European Central Bank, Federal Reserve System, financial markets, Japan Central Bank, Reserve Bank of Australia