tag:blogger.com,1999:blog-3782644139927778760.post-70125559401055673382008-03-08T19:10:00.000-05:002008-03-08T19:10:00.000-05:002008-03-08T19:10:00.000-05:00What's the big commotion? I've said for months when push comes to shove the Fed will discount anything the major banks offer it, even horse manure. TAF, 28 days, repos, what are you talking about? IT DOESN'T MATTER! The Fed will buy whatever paper the banks tell it to. Stop immersing yourself in insignificant details.Independent Accountanthttp://www.blogger.com/profile/07800220849565219709noreply@blogger.com