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Alliancebernstein Income Fund Message Board

  • hirsct hirsct May 30, 2006 11:09 PM Flag

    Today's Fed Auction & Treasury Meltdown

    the six month bill was priced to yield a shade over 5%. That's without New York state/city tax for us Yankees who support the rest of your god awful agenda down south and in California. I figure I'm yielding 5.3 on a six month gauranteed return when the mighty BankAmerica markets to the American public a 4.9% one year CD with FDIC only insuring up to $100K and fully taxable. But President Bush will hire the cesspool of Wall Street management to run Treasury and we all applaud. Does anyone really think that moving Goldman Sachs into government policy making will benefit anyone but the mega wealthy in this country?

 
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