All Your Home Loans Are Belong To Us (To Boost Liquidity)
January 5, 2009“The Federal Reserve Bank of New York started buying mortgage-backed securities today as part of a $500 billion program to support the U.S. housing market.”
∙ New York Fed Begins Purchases of Agency Mortgage Debt [Bloomberg]
Best blog article titles in the business 🙂
happy new year!
For anyone who didn’t catch the reference:
http://en.wikipedia.org/wiki/All_your_base_are_belong_to_us
http://www.youtube.com/watch?v=qItugh-fFgg