Archive for September 25th, 2008

Sep 25 2008

A Day to Remember

Published by Forager under economy, history

The bailout talk “imploded” tonight.

WaMu was seized by FDIC and sold to JPMC for $1.9B (over $307B in assets).

FDIC has only $45B in the insurance fund.

Short term T bill goes into negative rate in real terms.

Money market, commercial paper markets are tighter by the day.

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