dimelab dimelab: shrinking the gap between talk and action.

invest funds Topic in The Credit Debacle Catalog

Tue 2008-03-25 00:00 EDT

Interfluidity :: Counterparty of last resort?

Fed "loan" "to support J.P. Morgan's purchase of Bear Stearns...not a loan at all. The Fed and J.P. Morgan are creating an investment fund, to be managed by BlackRock."

counterparty; Interfluidity; resort.