http://www.portfolio.com/views/blogs/odd-numbers/2008/09/28/the-end-of-reserve-requirements
Sep 28 2008 11:58PM EDT
The End of Reserve Requirements?
According to the Congressional Budget Office, as part of the bailout package
the Fed will be allowed to pay interest on reserves banks keep at the Fed.
The CBO says the Fed can start as soon as October 1, but since the bailout
won't be signed into law until the end of this week at the earliest,
interest payments won't be legal until after the 1
