Plunge Protection Team

[Jiddy78]

Anyone think so?

This is a fairly unbiased article that I found if you don't know what it is....or just want a good read.


http://registeredrep.com/mag/finance_stock_markets_da/

[swordfish]

The Federal Reserve trying to meddle with the stock market?

heh

I was reading about the recent injections into the market. If you read close enough it you'll find out these injections are repurchase agreements. Basically some of these companies put up the businesses as collateral on loans. They still pay interest and if they cant come up with the money they forfeit ownership. The Federal Reserve is a business. It is not in business to help the U.S. It is in business to make money, face it they are a bank. Is it reasonable to purport that the Federal Reserve is loaning big money to players that they know cant pay. When the rent is due, they foreclose and Voila, hostile takeover.

[Jiddy78]

The Federal Reserve trying to meddle with the stock market?

heh

I was reading about the recent injections into the market. If you read close enough it you'll find out these injections are repurchase agreements. Basically some of these companies put up the businesses as collateral on loans. They still pay interest and if they cant come up with the money they forfeit ownership. The Federal Reserve is a business. It is not in business to help the U.S. It is in business to make money, face it they are a bank. Is it reasonable to purport that the Federal Reserve is loaning big money to players that they know cant pay. When the rent is due, they foreclose and Voila, hostile takeover.

You're getting closer to a crash believing scenario than I thought possible on this board...

[swordfish]

Get Jiddy with it.