How The World Almost Came To An End At 2PM On September 18

Re:How The World Almost Came To An End At 2PM On September 18 by jwb119 on Tuesday February 10, 2009 @05:54PM (#476138)

i think its saying "we came closer than we ever have to the Fed not being able to fulfill one of its basic duties"

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Re:How The World Almost Came To An End At 2PM On September 18 by tptacek on Tuesday February 10, 2009 @06:07PM (#476149)

I guess I'm asking, where is the evidence that the Fed was close to not being able to fulfill its duties? The story reads to me --- and what do I know? of course --- as "The Fed saw a problem, tried Plan A, and when that failed, used Plan B to solve it".

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Re:How The World Almost Came To An End At 2PM On September 18 by jwb119 on Tuesday February 10, 2009 @06:18PM (#476161)

yeah i hear what you are saying.. my takeaway from a quick read was that it was a timing thing, as in if someone didn't move when they did we would have had a problem..

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