T turkeyneck Mar 17, 2008 #31 Quote from AAAintheBeltway: They should cut 150 bps. Or 200. Being too timid is what allowed this to go from a problem to a crisis. More... Make it 300 to guarantee every bank will get a bank run.
Quote from AAAintheBeltway: They should cut 150 bps. Or 200. Being too timid is what allowed this to go from a problem to a crisis. More... Make it 300 to guarantee every bank will get a bank run.