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To: Toddsterpatriot

You REALLY beleive Goldman took the money to borrow from the Feds... Yeah right.... NOT!

Yeah the Uptick Rule that caused the meltdown in 2008. The up Tick Rule had been in place since 1938. You don’t even know what I’m talking about by mentioning the Up Tick Rule. That flew over your head.

Hey kid go do your homework and come back if you learn anything new. In the mean time I’m not wasting my time.

You can start with this,

http://www.bloomberg.com/news/2011-04-01/foreign-banks-tapped-fed-s-lifeline-most-as-bernanke-kept-borrowers-secret.html


42 posted on 04/03/2011 9:22:07 PM PDT by Sprite518
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To: Sprite518
You REALLY beleive Goldman took the money to borrow from the Feds...

TARP and the Fed Discount Window are 2 totally different things. Goldman did not take TARP money so they could borrow from the Fed. That's two independent things. Goldman could take TARP without becoming a bank. Just like the other non-banks did.

If Goldman wanted to borrow from the Fed, and they did, they needed to become a bank holding company. And they did.

Yeah the Uptick Rule that caused the meltdown in 2008.

Sorry Charley, the meltdown was caused by mortgages defaulting.

You don’t even know what I’m talking about by mentioning the Up Tick Rule.

Yeah, that's why you said they legalized the rule when it was actually eliminated. LOL!

In the mean time I’m not wasting my time.

With all your errors, it's clear you wasted your time long before you came to this thread.

If you ever stop confusing the Treasury and the Fed and figure out what you're trying to say about Goldman "saying to the public one thing about certain fund and at the very same time telling their employees dump it as fast you can" be sure to let me know. I'll be here to correct your misconceptions, again.

43 posted on 04/03/2011 9:37:10 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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