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  1. #1
    Stocks/Investments Moderator boneil's Avatar
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    Jul 2010
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    Recent Fed meeting

    NO not the one several weeks ago but the one the other day between the President and Yellen. The media left out an important part about it. Word is it was about the banks and their oil exposure and how they will create a credit facility to backstop the banks from defaulting on the debt due to low oil prices.

    SO another bank bailout. UN freakin believable.
    Thanos was the hero

  2. Banned
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    #2

  3. Member
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    #3
    Can you imagine if the people who trade oil futures had to take delivery of them.

  4. Member
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    #4
    They may have to back stop the coal companys too. Damn Biggest 2 bankrupt. Wow Read they are self bonded, not enough money to clean up their strip mining mess when they are done.