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If the credit markets are 'frozen', what did they do with the 630 Billion

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BR_Parkway Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 05:54 AM
Original message
If the credit markets are 'frozen', what did they do with the 630 Billion
the Fed gave them yesterday?

All these reports of the credit markets being frozen this morning and how the banks won't lend to one another and that payrolls are going to dry up, etc.

So what did they do with the money they got from the Fed yesterday?
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angstlessk Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 05:55 AM
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1. invest it in euros??? n/t
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 05:57 AM
Response to Original message
2. Shhhhh. You imagined that.
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gopbuster Donating Member (715 posts) Send PM | Profile | Ignore Tue Sep-30-08 05:59 AM
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3. Use it to attempt to prop the stock market? PPT- one of Paulsons "tools"?
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pnutbutr Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 06:08 AM
Response to Original message
4. much went here
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snot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 06:29 AM
Response to Reply #4
5. um, in english for us math retards? and
are you agreeing or disagreeing with the op?
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nradisic Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 07:06 AM
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6. Pocketed it...
Highway to hell....
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