Fed has raised the confirming loan limits, and injected 200 billion. However the loan rates are going up against the conventional wisdom. Banks were enjoying great profits without any of these and with all these their returns should be sexy.
Not sure how consumers will ever benefit out these changes. Banks will return to black and will start paying big bucks to you know who...
Now you know who benefits out of everything :-(
Of course this is my personal thoughts.
Badri
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