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And, yes, I DO take it personally: Oh, lovely...! Hard on the heels of $85B for A.I.G., let's throw in $55 BILLION more...!
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Thursday, September 18, 2008

Oh, lovely...! Hard on the heels of $85B for A.I.G., let's throw in $55 BILLION more...!

holy shit...!
Scrambling to break the grip of a worsening global credit crisis, the Federal Reserve stepped up action Thursday pumping billions into financial markets here and abroad.

The Federal Reserve Bank of New York, in two operations, injected $55 billion into temporary reserves in the United States, a move aimed to help ease a strained financial system in danger of freezing up.

the printing presses at the mint must be seriously overheating...

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posted by profmarcus at 9/18/2008

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