Re: epd... Be interesting to watch the market comeback....
in response to
by
posted on
Sep 29, 2008 08:34PM
Reinstate the uptick rule... Suspend the mark-to-market rule on mortgage securities held by banks and institute a 3-year moving average valuation, and loan the banks the money to convert the bailout to a "workout" and the market will stabilize and the credit markets will unfreeze. Then pass legislation to outlaw credit-swaps or regulate them under the Fed IMO.
virt