The Juice: A Little Something Extra for your morning
« Thanks for the heads-up, Greenspan | Main | Music industry hoping not to croak »
Just a little more to get by . . .
For banks, the Federal Reserve's discount window has typically been a last resort, like asking your parents for cash. But there's been no hesitation lately about going to Uncle Sam for a little extra dough. Banks have more than doubled their requests for cash at the discount rate in the last week. Primary credit borrowings totaled nearly $7.2 billion as of this past Wednesday. That's the highest level since the day after the September 11th attacks. The Fed lowered the discount rate by a half percentage point last month.
Posted on September 14, 2007 7:03 AM PT | Permalink
Latest Posts
- Times are never too bad to give
- The ax is chopping at Citigroup
- Don't just do lunch -- go for the Buffett
- XM, Sirius shares falter on bad report
- Chess Rules Everything Around Me
- Maybe sales will get better in Time
- Ladies Love Cool . . . Sears
- I'm browsing, they're browsing, everybody's browsing
- Can't afford gas? Try air freshener
- Haven't bought any underwear lately have you?
Archives
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| 15 | 16 | 17 | 18 | 19 | 20 | 21 |
| 22 | 23 | 24 | 25 | 26 | 27 | 28 |
| 29 | 30 |
sponsor
Latest Comments
- The economy: Not at your service (1)
- Laura Beth wrote: SO WHAT. To me, it is GREAT that the economy is NOT growing.... [read]
- Hard to see a slowdown from a yacht... (1)
- Chuck wrote: Until our elected "leaders" stop taking bribes from the weal... [read]
- It's OK to mix your beer (1)
- dallas latham wrote: diabolical!!!!! ... [read]
- Greenspan's recession more and more likely (2)
- Alan Reynolds wrote: Saying there is a 50-50 chance of something happening is wim... [read]
- SAG wins best supporting union in WGA strike (1)
- wrote: thats dissapointing... [read]
Marketplace Confessional
I've just listened to Mr. Stein's concern for the poor working man. No doubt he drove his Bronco to the station to make his plea for the common man. Honestly, Ben Stein weeping for the common man's fate? After my sides stopped hurting from laughing ...
sponsor