HiThere

Is the $700 Billion Really for Bailing Out the Fed?

"marked to market accounting". -I'm glad someone brought that up.
<The piecemeal approach using slide rules and models to effect trickle up or down is causing disorder>
The FED isn't a Federal Agency

Is the $700 Billion Really for Bailing Out the Fed?

Hilarious. Someone please hand the German Minister a dictionary so he can look up "Anglo-Saxon" (Give you a hint , it doesn't mean American)-There seems to be a bit of "panic" coming out of that region. And YES, we should get equity from those banks.
Who is to blame? Everyone and noone. Germany isn't clean by any means. Drilling ban expire? Interesting turn of events for sure.