Alternative possibility: Someone wanted to create a panic (or at least uneasiness) by looking like borrowing had to be done at 7%. It might be illegal to yell "FIRE" in a crowded theater, but you can get away with saying "is that smoke I smell" to get people to leave so you can get a better seat.
I don't know who might be right, but I wouldn't be surprised to see some end of the quarter manipulation to boost asset values for a quarterly report.
9 posted on
07/01/2009 3:19:38 PM PDT by
KarlInOhio
(Fannie Mae, Freddie Mac, AIG, Chrysler and GM are what Marx meant by the means of production.)