To: Kenny Bunk
The $500 Billion run on money markets occurred within 1 hour. I know rumors can spread fast on Wall Street, but one hour to move $500 billion?
My big question is where did the money move to, not the stock market, not gold either or Treasuries, so where did it go?
Remember, we are talking about money market money, which is considered cash by many, so it needs to be parked somewhere, but where?
153 posted on
02/12/2009 12:39:48 PM PST by
razorback-bert
(Save the planet...it is the only known one with beer!)
To: razorback-bert
Move along, Bert. Nothing to see here.
155 posted on
02/12/2009 12:47:19 PM PST by
Kenny Bunk
(Jeez, I'm bored- let Soros make a 1/2 Kenyan marxist megalomaniac our POTUS! What jolly fun!)
To: razorback-bert
>>Remember, we are talking about money market money, which is considered cash by many, so it needs to be parked somewhere, but where?<<
For a very short time, there were a lot of lumpy mattresses.
And finally, light is shed on the phrase “Go to the mattresses.”
162 posted on
02/12/2009 1:24:31 PM PST by
RobRoy
(Islam is a greater threat to the world today than Nazism was in the 1930's.)
To: razorback-bert
My big question is where did the money move to, not the stock market, not gold either or Treasuries, so where did it go? Government freezers?
186 posted on
02/13/2009 6:42:04 AM PST by
hoosiermama
(Berg is a liberal democrat. Keyes is a conservative. Obama is bringing us together already!)
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