[lbo-talk] Prime Rate lowest since 1955

[shag carpet bomb]

At 04:25 PM 12/16/2008, Jordan Hayes wrote:
>Wow!  With the Fed rate cut today, many banks announced 3.25% as the new 
>Prime Rate, which hasn't been seen since August of 1955; it's been since 
>1990 that it was 10% or higher.  In late 1980 it briefly touched 21.5% ...
>
>/jordan

huh?