photo by Pierre Éthier
Quote for the day:
To study history means submitting to chaos and nevertheless retaining faith in order and meaning. It is a very serious task, young man, and possibly a tragic one.
- Hermann Hesse, The Glass Bead Game
In the news:
The Fed announced today that they will loan $200 billion to big investment firms to promote liquidity. The firms can put up as collateral mortgage-backed securities issued by Fannie Mae and Freddie Mac and for the first time AAA-rated mortgage securities issued by banks will also be accepted.
Quote for the day:
To study history means submitting to chaos and nevertheless retaining faith in order and meaning. It is a very serious task, young man, and possibly a tragic one.
- Hermann Hesse, The Glass Bead Game
In the news:
The Fed announced today that they will loan $200 billion to big investment firms to promote liquidity. The firms can put up as collateral mortgage-backed securities issued by Fannie Mae and Freddie Mac and for the first time AAA-rated mortgage securities issued by banks will also be accepted.
Sphere: Related Content
No comments:
Post a Comment