Wednesday, September 17, 2008

Paulson: The banking system is sound!

The Fed said AIG didn't even understand it's books!

$71 and $50 billion loans yesterday for liquidity for Lehman's unwind, $85 billion for AIG, and $200 billion for FRE and FNM a couple weeks ago.

What happens if somebody really looks at Citigroup's books?

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