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Old 01-22-2008, 10:52 AM  
Snake Doctor
I'm Lenny2 Bitch
 
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Join Date: Mar 2001
Location: On top of my soapbox
Posts: 13,449
Fed lowers interest rates by 75 basis points!!!

That's insane. That's the biggest single drop I've ever seen the fed make. Not to mention that they didn't wait for their meeting at the end of the month but did it today.

Even after 9/11 I think Greenspan only lowered rates 50 basis points right?
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