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texasbroker2000 Nov 5, 2010 1:42 PM Flag      If Treasury and
Fed work together,      You're right it will work great for the
banks...borrow from the window at 0 and buy Treasuries....shore
up capital.      I think that they're doing this because there
is going to be a big write down on the real estate debt assets
banks hold.      The fed is getting ahead of the wave and giving
them the ability to raise their required capital now.      To
think QE2 is going to spur lending is a misguided message.....I
think it's a futile attempt to shore up banks capital reserves
once they face the reality and start writing off the debt.
Banks have been holding hoping for the real estate market to
recover but that's not happening. With long rates in the 4s,%
there should be more demand but there is not.      It's really
interesting that the market