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Good Morning!

October 07, 2008

Tyler Cowen yesterday:

How to tell if things are going very badly

If the Fed ends up guaranteeing commercial paper and/or interbank loans. Too many people are listening to Polonius.

Wall Street Journal today:

Fed to Purchase Commercial Paper In New Facility Backed by Treasury

If you can't find me, I may be under my desk with my teddy bear.

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Comments

You have a Teddy?

I have Snoopy.

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