On Wall Street, So Much Cash, So Little Time

Re:On Wall Street, So Much Cash, So Little Time by stretchwithme on Thursday June 24, 2010 @01:20AM (#1457367)

now you know where all the liquidity the Fed pumped into the economy went. aren't you glad you're paying for more fun and games?

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Re:On Wall Street, So Much Cash, So Little Time by tullius on Thursday June 24, 2010 @04:11AM (#1457587)

As the article states these funds were largely raised in 2006 and 2007.

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Re:On Wall Street, So Much Cash, So Little Time by bleepbloop on Thursday June 24, 2010 @03:44AM (#1457560)

how so?

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Re:On Wall Street, So Much Cash, So Little Time by stretchwithme on Friday June 25, 2010 @03:32AM (#1460242)

there's no way there'd be such bidding up of prices for things if the Fed wasn't keeping everybody from facing up to the very real losses on the books of so many institutions.

Yes, many of the buyers raised money raised money a few years ago, but those buyers compete with the banks flooded with cash that they aren't lending out.

We haven't made those with losses face them. We've just stuffed their pockets full of money and sent them back out to do more foolish things.

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