Can someone explain this new FED credit plan announced today? - Early Retirement & Financial Independence Community

		Early Retirement & Financial Independence Community > Community Forums > FIRE and Money
Can someone explain this new FED credit plan announced today?

Thread Tools

Search this Thread

Display Modes

Can someone explain this new FED credit plan announced today?

03-11-2008, 03:40 PM	#1
thefed Thinks s/he gets paid by the post Join Date: Oct 2005 Posts: 1,793	I just dont get it. I think they are saying that they will be buying $200 BILLION worth of loans (presumably the bad ones) from the banks. In turn.....this does what? Who then will be servicing the loans? I dont get it!!! im not being sarcastic, i just dont understand thanks

« Previous Thread | Next Thread »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes
Switch to Linear Mode Switch to Hybrid Mode Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are Off Pingbacks are Off Refbacks are Off Forum Rules

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
If fed cuts today, what will that do to mortgage rates?	JohnDoe	FIRE and Money	33	02-05-2008 01:30 PM
Crude up 4.15 today over 94 fed lowers 1/4 pt, Sorry but trouble looms.	newguy88	FIRE and Money	53	11-01-2007 07:33 PM
Fed injects liquidty - please explain?	farmerEd	FIRE and Money	15	08-11-2007 07:25 AM
I announced today that I quit	mountaintosea	Life after FIRE	25	04-10-2007 07:17 AM
Darn it - Credit Card Number swiped today.	audreyh1	FIRE and Money	11	07-23-2006 06:26 AM

» Recent Threads
big chunk, dollar cost average?
70%
How much do you need in Net Worth to...
Uncertain Future
Social Security Retirement Calculator
Article on How Much is Needed to...
Pen Fed Refi Completed
I and E Bond Beneficiary Designation...
You know you're an ER nerd...
What if China forever pegged to...
401k catch up question
The Stars are Aligning

Quick Links

Register
Portal
Forums
Post Feed
New Posts
Subscribed
Photos
FIRE Links
Our Team
Advertise
FAQs
FIRE Calc
Vanguard
Schwab
Scott Burns
Insurance
Go RVing
Go Sailing
Cooking
Book Club
Airstreams
Google

Useful Links

Latest Threads

Social Knowledge Community

This early retirement and financial independence community is a member of the Social Knowledge network, a group of high quality forum communities.

Click here to learn more »

About Us

This community was started in 2002 as an alternative to a then fee only Motley Fool. The focus of the discussions is on topics related to early retirement and financial independence. The community is moderated to ensure a pleasant experience for our members.

Meet Our Team »

Early Retirement & Financial Independence Community