Fed offers $100 billion more to banks...................

LOL. Good one Russell. Please PM me with the application :)

Quote from RussellDaytrade:

*********FOR IMMEDIATE RELEASE *********

Along with the 100B to banks, Ben Bernanke is enlisting the help of all PDT's in propping up the US Equity markets...to the tune of another $30B

He has just instituted a policy, in cahoots with, er, in conjunctions with, the SEC, to immediately eliminate the PDT rules, and, further, to make available to all known PDT's an immediate line of credit from the Fed, (minimum tranches of $1M), at rates that equal those of the primary banks...

Greater sums available upon request, and, the Fed will backstop all losses up to $29B.



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