Tue 2009-02-24 00:00 EST
naked capitalism: Quote of the Week
from Jesse: ``Adding liquidity to the banks is as useful as filling the tank of a car wrapped around a telephone pole''
added liquidity Topic in The Credit Debacle Catalog
Fri 2007-09-14 00:00 EDT
Minyanville -
Minyan Mailbag: Has the Fed Added Liquidity to the Markets? "it is not the Fed that creates liquidity in an economy; it is the commercial banking system"