Solution II: Government-owned preference shares

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540 billion dollar


Rolf Englund: Det är väl mycket illa att det behövs
Fed said it would finance up to $540bn in purchases of short-term debt from money market mutual funds
Financial Times, October 21 2008

Money market funds have faced severe redemption pressures since the financial crisis deepened last month, forcing them to raise cash by scaling back their short-term lending to banks and selling their holdings of commercial paper.

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The money market, not the stock market, is where this financial crisis is playing out first and foremost.
eurointelligence 26.09.2008