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made its intervention immediately public, whereas the Fed will announce what happened on Londay in the course of today.

Plus, the Fed provides normal liquidity as well, there were headlines just because of the unusual procedure this time - and, as it happened in the European timezone, US banks took advantage of the available offer right away too.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed Dec 19th, 2007 at 05:41:02 AM EST
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