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2009-02-11 |
Electronic Run On Banks - $550 Billion Withdrawn In 1 Hour, Federal Reserve Halts Withdrawals - US Economy Would Have Collapsed |
Posted by:USMC6743 |
#3 Pamela's a loon. Did the Congressman miss a zero or two? If you take 550B$ out of the money markets in an hour, where, exactly, does it go? Maybe they bought stocks. Kanjorski (D-PA, Capital Markets Subcommittee Chair) claims that 5.5 trillion dollars would have been withdrawn within four hours. Where in hell would 5.5T$ go that fast? FDIC insured bank accounts? Foreign accounts? Does anyone here have a clue? Is he credible? Or is this guy just part of the 'talk the economy down' show? Of course Soros is behind it. What is 'it'? |
Posted by: KBK 2009-02-11 21:20 |
#2 Yup, F Dan. And he's going to want his payoff from Bambi sooner rather than later. |
Posted by: Barbara Skolaut 2009-02-11 16:18 |
#1 I wonder if we will find George Soros behind this. |
Posted by: Formerly Dan 2009-02-11 15:24 |