[Obamageddon]

Here is a CNN transcript of the events of September 18 in the Money Market meltdown.

..."ALLAN CHERNOFF, CNN SR. CORRESPONDENT: That's right. The Federal Reserve this morning, in three separate operations, has injected $105 billion into the financial system, into the banking system. This is a record amount in one day, even greater than the $81 billion that the Fed injected following September 11 after the attacks. So this -- this is really a big move by our central bank to try to keep the wheels of finance turning.

Now, what's been happening is that banks have been so nervous, they haven't been lending, even much to each other. And so this is overnight funding that the banks will have. They, in turn, have given the Federal Reserve treasury securities and also debt backed by Fannie Mae and Freddie Mac. They make a trade overnight. And so these institutions now have lots of capital. They can use that capital to lend to each other. Ultimately, the idea is that we want to see the banks lend to corporations, lend even to individuals, like ourselves.

I just got off the line, though, with Brian Fabbri, a veteran economist at BNP Paribas, who's followed the Fed for years. And he says he thinks this may not be enough yet to get that lending going to consumers, to corporations. Still a very big problem for all of us."...

There is the $105 billion that the Congressman referred to in the CSPAN interview.

Money market breaks the buck, freezes redemptions ON SEPTEMBER 17, 2008.

[philman_36]

Money market breaks the buck, freezes redemptions ON SEPTEMBER 17, 2008.

"Whoa there, tough guy!" /Jim Duggan
You're giving me links to what I've already linked to.
I'm not easily brow beaten myself.

[philman_36]

That and the Official Notice of the program from Treasury is proof positive of the date of the meltdown, September 18, 2008.

You keep pushing that it happened on the 18th when even the article which you later linked (Money market breaks the buck, freezes redemptions ON SEPTEMBER 17, 2008) which I even snipped in my reply says...
The size and speed of the withdrawals was stunning. At 3 p.m. on Tuesday, Primary Fund's assets stood at $23 billion, a $40 billion hit from the $62.6 billion in the fund on Friday, a spokeswoman for The Reserve told MarketWatch late Tuesday.
That's the 16th, not the 18th.

Pardon me while I snicker.
snicker

[Robert A Cook PE]

Keep looking - BOTH of you ... 8<)

The people who did this - and I, personally, don't accept the “mindless stampede” theory of markets “simply following the economy” in this case - did not act in one day, nor did they need to try to make anything special about any particular Sept 11 anniversary.

Like Soros’ manipulation of the British and East Asian markets (for profit in that case - not power/political policy/socialism/abortion/anti-Christainity/anti-democracy/etc as in this case), there are lots of good motives and opportunities for the circumstantial evidence to stand up.

Look for motive.
Method.
Opportunity.