With banking system imploding, bankers are raising cash
and not lending it out. This has to drive liquidity down no matter what the Fed
does. Fed is trying to restart banking system so that the banking system will
restore liquidity. The whole thing is very precarious.
Earl
From: realtraders@xxxxxxxxxxxxxxx
[mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Ben Sent:
Saturday, December 01, 2007 12:34 PM To: Elizabeth (E-mail); Vincent
DONOVAN (E-mail); panda2222@xxxxxxxxxxxxx Cc:
e-mini_traders_anon@xxxxxxxxxxxxxxx; realtraders@xxxxxxxxxxxxxxx;
astrofin@xxxxxxxxxxxxxxx Subject: [RT] Fw: 12/1
Report
look at the chart of money supply
Bernanky is saying one think to public ,,but
in reality ,supply LESS liqidity to banks,
maybe this is why citi had to go elsewere for
funds,