Fed Injects $12 Billion in Temporary Reserves Into The Banking System
CNBC Alert: Fed Injects $12 Billion in Temporary Reserves Into The Banking System.
I’m not entirely sure what this means, but I have a feeling it’s not good. Perhaps a surprise rate cut coming soon?
Update: European Central Bank Injects 95 Billion Euros to Calm Credit Jitters
DJIA Update: Dow’s down 240+ points after the complete mess today’s news brought in.
DJIA Close: I don’t want to look… 387 points…
August 9, 2007 | Posted by Jorge
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