Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: EBH
to the tune of $550 billion was being drawn out in a matter of an hour or two.

That is the part I am interested in and want to know who triggered. The fact that AIG was suffering policy cancellations would probably not impact money market accounts here in the US.

I want someone to assure me there are no Soros or other DEM operative fingerprints on this mass withdrawal of $500BILLION in money market funds in two hours. This is not a coincidence IMHO.
95 posted on 03/11/2009 6:57:58 AM PDT by Cheerio (Barack Hussein 0bama=The Complete Destruction of American Capitalism)
[ Post Reply | Private Reply | To 94 | View Replies ]


To: Cheerio

A reliable source, however, has given FORTUNE a list of 15 counterparties, with no dollar figures attached. The list contained the names in the following order. FORTUNE sought comment from all of the financial institutions and none said their inclusion on the list was inaccurate.

Société Générale (France), United Arab Emerites, Iran

Goldman Sachs (GS, Fortune 500), Hank Paulson, United Arab Emerites

Merrill Lynch International, http://www.menareport.com/en/business/213985, http://www.arabnews.com/?page=6&section=0&article=97741&d=20&m=6&y=2007, hmmm...United Arab Emerites

Deutsche Bank (Germany),the number of Islamic finance transactions is increasing especially in the real estate and capital markets sectors. http://arabnews.com/?page=6&section=0&article=116200&d=10&m=11&y=2008&pix=business.jpg&category=Business

Calyon, Crédit Agricole (France)

UBS (Switzerland)

Barclays (England)

Coral Purchasing, DZ Bank (Germany)

Bank of Montreal (Canada)

Rabobank (the Netherlands)

Royal Bank of Scotland

Bank of America

Wachovia

HSBC (England)

Barclays Global Investors

Revisit post #65, no I don’t have all the answers but if one wants to do more research of those on the list...the answer wouldn’t really surprise me. They took our oil money last summer and then they crashed the rest of the market.


99 posted on 03/11/2009 10:32:10 AM PDT by EBH (The world is a balance between good & evil, your next choice will tip the scale.)
[ Post Reply | Private Reply | To 95 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson