FDIC is going to use up that line of credit this Friday alone and will have to goto the Fed to access the discount window.
GM and F must also be preparing bankruptcy papers as we speak, an ultimatum to the Fed.
"All these years we've been running congress to get money. We should have thought of blackmailing the Fed and it's unlimited cash years ago! Those Investment Bankers are really smart dudes!!"
GM and F must also be preparing bankruptcy papers as we speak, an ultimatum to the Fed.
"All these years we've been running congress to get money. We should have thought of blackmailing the Fed and it's unlimited cash years ago! Those Investment Bankers are really smart dudes!!"
