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Morgan Stanley

3 investment banks tap new Fed loans

Three of the nation's largest investment banks said they have borrowed from a program created this week by the Federal Reserve to stimulate lending amid concern that Wall Street faced a cash shortage.

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Joined: Sep 11, 2007
Comments: 244
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#1
Mar 20, 2008
 
I would really like to know the rules and regs for this setup. I really appreciate the need for it but I am more afraid of the system being abused. Anybody know of links regarding this?
ron heringhauser
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#2
Mar 20, 2008
 
In other words, the taxpayers are taking those worthless CDO's away from Wall Street? I say buy gold now!
ALFRED E NEWMAN
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#3
Mar 20, 2008
 
HOW LONG CAN TO FED PRINT MONEY TO
BAIL OUT THESE COMPANYS ? THEY ARE ROBBING PETER TO PAY PAUL ?
MAYBE WE HAVE DREAMERS WORKING AT THE
FED ?
GET REAL PEOPLE CAUTION THE YELLOW FLAG IS OUT THERE ?
WHERE WILL YOU BE WHEN THE DAM (MARKET) BRAKES !!!!
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