Real estate blog entries tagged with libor by John Morrison - Boston area real estate - Exclusive Buyer's Agent, CBR (Buyer's Choice Realty)

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Home : Blogs : John Morrison - Boston area real estate - Exclusive Buyer's Agent, CBR : John Morrison - Boston area real estate - Everything you need to know about buying in Massachusetts : Tag "libor"

libor: Hammerin' Hank's Hedge Fund: another HPHF update - 10/15/08 06:28 PM

It appears our economy is in a bit of a spot right now. No kidding, right? We learned over the past few days that our U.S. banking system has effectively been nationalized. How did this happen? Hammerin' Hank, of course.
Paulson conspired worked with his Wall Street buddies, the Federal Reserve, and the FDIC before deciding how to use the first $250 billion that we recently invested into the HPHF.
What do you mean, 'nationalized'? The always insightful folks at the Wall Street Journal wrote an informative blog post describing what actually happened early this week. Basically, Hank bought a bunch … (2 comments)

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John Morrison - Boston area real estate - Exclusive Buyer's Agent, CBR

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