Re: I hope I am wrong.... - doni
in response to
by
posted on
Jan 11, 2010 08:52PM
Perhaps they should offer that action to the public, after all, some of the money the bank may park belongs to the public.
rephrase....
The issue would more have to encompass the net earnings to the bank.....where, if the rates are high enough, will benefit stock holders and insiders. In any event, insiders will figure out how to get theirs out inconspicuously if they need it.
Whatever they're up to....bank net earnings, which is all they should have control over in this Fed CD matter, are not going to mop up much from the system.....so what's it really about?
doni