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Sunday Bloody Sunday Print E-mail
Written by peter   
Monday, 17 March 2008

What the h_ll is going on? Fed lowers discount rate on Sunday! and extended the maximum term of discount-window loans to 90 days from 30 days. Fed also OK´d the financing package that enables J.P. Morgan to buy Bear Stearns for

$2 !

a share. Wow! No wonder people wanted puts on friday. I am getting nervous. Listen to some cool music while you wait for the Domino effects.

U2

Last Updated ( Tuesday, 06 May 2008 )
 
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