06 November 2008
HooCoodANode*
It appears that the Federal Reserve's entry into the commercial market is not encouraging private actors to reenter the market.
When no one wants to lend commercial paper, and the US government steps in and lends at below market rates, it tends to drives the private players out.
*Who Could A Knowed
When no one wants to lend commercial paper, and the US government steps in and lends at below market rates, it tends to drives the private players out.
*Who Could A Knowed
Labels:
Finance
,
regulation
,
Stupid
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