Quote from JamesVU2000:
Oil went from 50 to 140 something in a year and a half.
Bernake is dangerous. They have no idea what they are getting into with all these facilities and manipulations. They should be focused on winding down bad institutions.
Your right, the Fed should not be providing capital to unregulated Wall Street investment banks. They made bad bets. The depository banks and financial institutions are the only banks that should be helped by the fed, yet here we have them providing cash to un regulated gamblers how friggen stupid can you get.
