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To: Ernest_at_the_Beach
Another interesting tidbit

NEW YORK (MarketWatch) -- The Federal Reserve, along with other central banks, said Friday that it was increasing the funding it is providing to banks and announced that, for the first time, it was willing to accept bonds backed by auto loans and credit cards.

http://www.marketwatch.com/news/story/fed-expands-auction-accepts-wider/story.aspx?guid=%7BBD25FFE1%2DEF18%2D45C1%2DB984%2D3CD33807727B%7D

7 posted on 05/02/2008 12:12:24 PM PDT by bjs1779
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To: bjs1779

See Link at Post #6.


9 posted on 05/02/2008 12:16:23 PM PDT by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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