Forum Archive

Fed Releases Flood of Dollars, Market Rates Fall

http://www.bloomberg.com/apps/news?pid=20601087&sid=a4gDtT5Ja69A&refer=home

Oct. 13 (Bloomberg) — The Federal Reserve led an unprecedented push by central banks to flood the financial system with dollars, backing up government efforts to restore confidence and helping to drive down money-market rates.

and..

Brown Uses Control of British Banks to Boost Lending (Update2)

http://www.bloomberg.com/apps/news?pid=20601102&sid=a1s9Eh7IXstI&refer=uk

Oct. 13 (Bloomberg) — Prime Minister Gordon Brown will use his government’s control over two of the U.K.’s largest banks to cut the price of loans to small businesses and homeowners and curb the pay of directors.

One big mash up! Save the Mutant Asset Bubble..

Picture from Mish..