Bank Intervention Easter Weekend?

Discussion in 'Economics' started by LuckyGirl, Mar 14, 2008.

  1. I just caught something about the possibility of a "bank intervention", perhaps during the Easter Weekend. First, I'm not sure what this means - just buying up US$ or something else?

    Would this buoy the market or dampen it?

    I tried to Google it and found speculation about Easter Weekend 1988. Maybe some of you have been there/done that?
    http://query.nytimes.com/gst/fullpage.html?res=940DE5DB143EF933A05750C0A96E948260

    BTW, I'm new to all this stuff and am loving reading these threads. You guys have a great way of educating and debating, but with little entertaining cat fights added in to keep it from being too scholarly. Luv it.