Why the $700 Billion Isn't Helping - TIME: "The Treasury's willingness to eat up toxic mortgage-backed assets stuck on bank balance sheets could help temporarily improve those banks' standing, but there's no certainty it will adequately ease the flow of lending in a market permeated by fear of further failures. In fact, the Federal Reserve's move Tuesday to take an active role in the commercial paper market for short-term loans was a tacit acknowledgement that the bailout bill will not on its own stem the bleeding"
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A related link for those interedted in global economic issues:
http://www.time.com/time/world/article/0,8599,1847902,00.html>
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