Replies

To: Petronski

From the article:

The New York Fed has created a new limited-liability company, and they hired BlackRock Financial Management to run it.

The government owns the LLC and the LLC owns the debt.

63 posted on 03/29/2008 4:12:20 PM PDT by palmer

To: palmer

The government owns the LLC . . .

I haven't seen anything definitive on that.

70 posted on 03/29/2008 4:15:59 PM PDT by Petronski (Nice job, Hillary. Now go home and get your shine box.)

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794