P payup Sep 21, 2008 #3 Quote from simon1080: What the heck does that mean? They are going to buy out a retail bank? More... trying to understand it too
Quote from simon1080: What the heck does that mean? They are going to buy out a retail bank? More... trying to understand it too
D dont Sep 21, 2008 #4 Means they have the full backing of the FED just like a normal bank. Extremely bullish for both shares they will survive now.
Means they have the full backing of the FED just like a normal bank. Extremely bullish for both shares they will survive now.
D dealer Sep 21, 2008 #5 I think it means that they are in a better position to receive funding directly from the Fed.
C Comptalk Sep 21, 2008 #6 They will be able to open reg. bank accounts for clients with FDIC insurance. Plus, with the banking, they will have a continuos flow of depositors money.
They will be able to open reg. bank accounts for clients with FDIC insurance. Plus, with the banking, they will have a continuos flow of depositors money.
R runningman Sep 21, 2008 #8 i think it means they can give out toasters and blenders with CDs now. great!
D dealer Sep 21, 2008 #9 Just saw a headline on DJ : "NY Fed to extend credit to Goldman, MS & ML" Why this had to happen on a Sunday night, i don't know....
Just saw a headline on DJ : "NY Fed to extend credit to Goldman, MS & ML" Why this had to happen on a Sunday night, i don't know....
D dont Sep 21, 2008 #10 Quote from runningman: i think it means they can give out toasters and blenders with CDs now. great! More... Classic I want my GS branded toaster.
Quote from runningman: i think it means they can give out toasters and blenders with CDs now. great! More... Classic I want my GS branded toaster.
