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RE: The Fed is Between a Rock and a Hard Place.
I wonder if the broken markets were due to payout. It wouldn't surprise me, isn't it funny how markets break when the people invested are making money but then when the banks are profiting the markets continue regardless. I remember making a nice profit on a leveraged silver fund when it was suspended due to AIG counterparty risk in 2008. Eventually it was released when AIG was bailed out but it did make me reconsider investing in derivatives that the banks control.