Comments on: On Reader Comments and (Belated) Replies http://www.nakedcapitalism.com/2007/08/on-reader-comments-and-belated-replies.html Sun, 22 Nov 2009 21:02:38 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Paul http://www.nakedcapitalism.com/2007/08/on-reader-comments-and-belated-replies.html#comment-556 Paul Mon, 27 Aug 2007 09:06:00 +0000 http://www.nakedcapitalism.com/2007/08/on-reader-comments-and-belated-replies/#comment-556 Dear Yves,<br/><br/>Know that your commentary is VERY much appreciated. I read most of the financial blogs, and this is one of the best. I rank you right up there with Calculated Risk. High praise indeed. I am seeing more links to your site on other blogs. Just hope that the trolls don't find you.<br/><br/>Thank you for sharing your views. I look forward to reading them every day.<br/><br/>Cheers.<br/>Paul Dear Yves,

Know that your commentary is VERY much appreciated. I read most of the financial blogs, and this is one of the best. I rank you right up there with Calculated Risk. High praise indeed. I am seeing more links to your site on other blogs. Just hope that the trolls don’t find you.

Thank you for sharing your views. I look forward to reading them every day.

Cheers.
Paul

]]> By: Anonymous http://www.nakedcapitalism.com/2007/08/on-reader-comments-and-belated-replies.html#comment-549 Anonymous Sun, 26 Aug 2007 23:57:00 +0000 http://www.nakedcapitalism.com/2007/08/on-reader-comments-and-belated-replies/#comment-549 Regarding the MBS as collateral for the discount window loans accepted by the Fed.<br/>One aspect of the transaction escapes me, and I have not seen any reference to it yet - By accepting the MBS as collateral, hasn't the Fed in fact affixed a price to these assets ? If not, would not this be the most incompetent banking ever ? By negotiating these loans, it seems to me that the Fed is attempting to place a floor under the MBS market. What do you think ? Regarding the MBS as collateral for the discount window loans accepted by the Fed.
One aspect of the transaction escapes me, and I have not seen any reference to it yet – By accepting the MBS as collateral, hasn’t the Fed in fact affixed a price to these assets ? If not, would not this be the most incompetent banking ever ? By negotiating these loans, it seems to me that the Fed is attempting to place a floor under the MBS market. What do you think ?

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