[lbo-talk] clarification

[Bob Morris]

But wait, Cramer just said Fed cuts are the only thing that could bring SIVs
(the now highly-dicey "investments" on the books of many banks) back to
life.

Oh.. I see. Rate cuts do in fact cut lessen economic risks. If you happen to
own buckets full of toxic financial glop, that is.

On 11/5/07, Doug Henwood <dhenwood at panix.com> wrote:
>
> Ah, this explains it!
>
> Breaking News Bulletin: Rate cuts aim to lessen economic risks, not bail
> out Wall St., Fed's Mishkin says
> http://marketwatch.com/r.asp?g=D70727724D094FA7A74F875BD49B7D88&d=bnb>
>