[FromLori]

See also...

http://bluelori.blogspot.com/2009/06/fed-is-dead.html

[Texas Fossil]

The Fed is hoping that if it holds onto the securities long enough, they will eventually rise in value once the economy returns to full health again.

Hope Dope, Nope!

[Nachum]

The list, ping

[Leisler]

AIG has been a sleazy, running the margins, and insolvent for a decade company. It’s dead.

The Fed is just justifying it’s existence with other people’s money. No different than the Dept of Edjamacation paper shufflers, WOD Security Hamster Wheel or any of tens of thousands of government clerks, lawyers, administrators, janitors,..........

The important thing is that the Fed bureaucracy is growing in staff, money and power. ( Everybody move up one GS )

[jiggyboy]

The Fed is hoping that if it holds onto the securities long enough, they will eventually rise in value once the economy returns to full health again...

I do believe that was the impossible plan of the CEO of Bear Stearns as well. Chin up, Ben, as they say on CNBC, it isn't really a loss until you sell!