[BGHater]

The ‘Banks’ could look for investments from private entities that have money. Warren Buffet just put up $5bil. China has tons of cash as well as the ME.

Credit Unions tend to do better in circumstances right now. They have options for investment as well.

The banks could keep the loans, either to write them off or hold onto long term to sell them later.

[spectre]

I don't know who it would affect Wall Street, but if my Credit Union offered me 7 or 8% locked in interest, paid per month...I'd gladly hand them all my savings.

Everyone I know would do the same, and the banks would have "liquidity" again.

But what do I know?

sw