Feds also cut discount rate by 1/4 point
in response to
by
posted on
Mar 16, 2008 04:24PM
The company whose shareholders were better than its management
The feds also just took an emergency measure to cut the discount rate to 3.25 %.
Looks like panic all round and POG nowhere to go but up. Unfortunately if there's panic out there tomorrow, we'll see our SP lower as everyone and his mother liquidate what they can.