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TED isn't going down....

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Bigmack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-28-08 02:54 PM
Original message
TED isn't going down....


I understand this whole thing is complicated, but isn't TED an indication of how loose banks are about loaning to other banks? Doesn't this indicate that the credit crisis is still developing?


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BOSSHOG Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-28-08 03:07 PM
Response to Original message
1. Turtle Excluder Devices (TEDs) have to go down
Edited on Tue Oct-28-08 03:12 PM by BOSSHOG
in the Bayous for them to work. (Attached to crab traps to keep turtles out.)

Not being a smartass, just not sure about what TED you are referring to. No doubt getting a big bailout without being required to loan any of it must be a pretty cool deal.
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akwapez Donating Member (342 posts) Send PM | Profile | Ignore Tue Oct-28-08 03:21 PM
Response to Reply #1
2. TED Spread...see wiki link here
http://en.wikipedia.org/wiki/TED_spread

It has dropped slightly over the past several days, but considering where the norm was a year ago, this is no where near "normal"
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BOSSHOG Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-28-08 03:23 PM
Response to Reply #2
3. Thanks
It is the wise man who never stops seeking knowledge.
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-28-08 04:10 PM
Response to Reply #1
4. or this TED
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Bigmack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-28-08 07:18 PM
Response to Original message
5. JAYZUS!!! ALWAYS CHECK YOUR POST!!!
I'm sorry I didn't until later! I dunno how that graphic got on my OP, but this is the graphic I wanted. It sorta explains what I was talking about.

http://www.bloomberg.com/apps/cbuilder?ticker1=.TEDSP%3AIND
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