Feds are leaving rates unchanged---just in.

[AlCzervik]

just heard on cnbc.

http://www.cnbc.com/id/26739502

[tekisui]

1. Don't want to create PANIC@!!!!!

[AlCzervik]

2. and the dow just dropped again. -99.

[tekisui]

11. I just saw that, I was impressed they were able to get it out of the intial

100 point drop.

[thewiseguy]

3. What happens to AIG?

[AlCzervik]

5. no word yet.

[tridim]

6. I guess it's a secret.

Shhhh...

[tekisui]

13. Wait and see. It is down 88% in one week.

THey are begging for money to stay afloat. They said Monday they had only a few days left without serious help.

[SoCalDem]

14. AIG=SOL n/t

[SoCalDem]

4. Interest rates need to go UP..

There is no incentive to save when rates are so damned low.. There needs to be some stability...a ceiling on credit card rates, and maybe a freeze on raising credit limits..

[AlCzervik]

7. That's what some countries in Europe are doing right now to try and stave off inflation.

[dysfunctional press]

8. that probably won't go over too well with the wall st. greedheads...

they're just gonna take their money and go home.

[WeDidIt]

9. And the DJIA is now down 107.23

It was up slightly before the announcement.

[ProdigalJunkMail]

10. DOW in freefall as a result

down 104 at last check...was above water just minutes ago...wonder where it will stop...

sP

[ProdigalJunkMail]

16. stabilizing...down 60 n/t

[ITsec]

12. 5 left... 5 right.... cut....

Free.... fall.....

[scheming daemons]

15. Good....strengthens the dollar and keeps inflation down.....

If people have a harder time getting loans for a while... so be it.

[Kurt_and_Hunter]

17. When was the last time they punked the Fed futures market?

I cannot imagine how complicated re-normalizing that market gets in real time. Must be a bloodbath in the pit.

[Kurt_and_Hunter]

18. Rebounding now. I guess on strengthens dollar/sign of confidence logic

Standing pat further pressures oil, which is okay I guess.