* NOVEMBER 3, 2009
Brian Sack Engineers Big Moves at Fed
http://online.wsj.com/article/SB125720947716624249.html?mod=djemITP#articleTabs%3Darticle
Could we be seeing why banks aren't lending out any liquidity and are bracing themselves for the higher interest rates the Fed will need to offer (read also discounts to face) in order to pull this capital out of the economy?
Also, why corporations may see that they will need to hold cash since liquidity will all be flowing to the Fed and the government (crowding out)?
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