Will Today's Second "Reverse POMO" Serve As Merely Another Capital Transfer Mechanism From Taxpayers To Banks?

Tyler Durden's picture

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
nmewn's picture

Weekend at Bennie's!

covert's picture

no wonder there is envy everywhere!



Iriestx's picture

Will Today's Second "Reverse POMO" Serve As Merely Another Capital Transfer Mechanism From Taxpayers To Banks?


Does the pope shit in the woods?  

lizzy36's picture

If one thinks about it outside gold KY really is the only appropiate retail investment for the long term.

Living the Cramerica Dream.

Problem Is's picture

No... The pope shits in John Thain's $35,000 toilet paid for by tax payer bailout money... like all of Merrill's bonuses...

Pope got it a bankster yard sale...

firstdivision's picture

The market says "yes". 

HFT: Fucking up the markets since Janurary 16, 1974.

r101958's picture

"Will Today's Second "Reverse POMO" Serve As Merely Another Capital Transfer Mechanism From Taxpayers To Banks?"

Short answer: YES.

No One's picture

What isn't a Capital transfer from taxpayers to banks? That might be a more difficult question to answer.

Lord Blankcheck's picture

There are purchases today also,$3.25-4Billion of 4/30/2017 thru 9/30/2018


Final day of current TOTO schedule

unununium's picture

Here's a plan:

 - Nationalize one bank (BAC).  It's going to happen anyway.

 - Use its manpower and trading systems to cut the middleman out of Fed operations by dealing directly with BAC account holders

 - While we're at it, why not issue mortgages directly to the sheeple too.  The Fed winds up owning them all anyway.

Socialism - yes.  But better than the current kleptocracy.

No One's picture

Here's what we'll get - After QE7, there will be no sustainable econmic recovery. So,  the Fed will announce that it will pay 100% of the U.S. consumer's unsecured debt, and 50% of their outstanding secured debt, allowing our consumer based economy to consume again.


4shzl's picture

Front-running the Fed is the only game in town -- not working so well at the long end though.

SheepDog-One's picture

Gee lets see...'will todays covert FED manipulation with billions in the market cornhole taxpayers for the benefit of banksters?'...

I'll take 'No question about it at all' for $500 Alex...

TooBearish's picture

Believe Bens including money market fund s in the bid pool for this short paper, TY

nmewn's picture

Didn't break through it Bennie...what now? ;-)

Problem Is's picture

"Bailout My Bonus!!"

Wall Street's only plan... besides fraud...

NotApplicable's picture

Well, it is election campaign kick-back season.

slewie the pi-rat's picture

this is bullish4bullshit right?

Mae Kadoodie's picture

Occupy bond desks?

Bansters-in-my- feces's picture

Fucking thieves.


Hedgetard55's picture

Ben is selling the very bonds he bought at a premium in QE2, again at a second premium for the banks. Of course the tax payer is getting screwed and the banks blown.

PulauHantu29's picture

"Why steal less when you can steal more," they say on Wall Street these days.