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Fed Prepared To Prop Up Money Markets


Business  (tags: u.s., americans, business, consumers, corporate, debt, economy, finance, GoodNews, government, humans, investments, investors, money, society, news, money markets, federal reserve, stock market, mutual funds )

SirRobert
- 399 days ago - msnbc.msn.com
The Federal Reserve on Tuesday created a program that will make up to $540 billion available to buy assets from money-market mutual funds. This should ease cash crunches for pension funds, university endowments, and where alot of Americans keep cash-stash
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SirRobert THE FIFTH KNIGHT (272)
Wednesday October 22, 2008, 4:04 am
They should have never had to prop up these money markets, if they had made preemptive moves in the first place!

And what about the 'underwater mortgages', that threaten America with further bankruptcies and foreclosures ------

Where is the help for the core-problem???


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Past Member (0)
Wednesday October 22, 2008, 3:51 pm
noted!
 

Deborah Hooper (59)
Thursday October 23, 2008, 9:42 am
I discovered yesterday, that it was all a huge scam designed to kick poor voters off the books. Check out the snippet of the movie at "Steal Back Your Vote" and see. It's all right there and big as life. F@#kers! (that was for them, and we all know who they are)
 

Marion Y. (285)
Thursday October 23, 2008, 5:49 pm
I have no faith in the Feds. Thanks Robert.
 

SirRobert THE FIFTH KNIGHT (272)
Thursday October 23, 2008, 6:32 pm
Marion; That's because the Feds have 'no' faith!

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SirRobert THE FIFTH KNIGHT (272)
Thursday October 23, 2008, 8:11 pm
Deborah; Money is flying every-which-way but loose, but none seems to be coming my way!

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