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In response to recent events Federal Reserve Board voted unanimously to authorize the Federal Reserve Bank of New York to create Yahoo Lending Facility (YLF) to avoid significant stock market distruption and to support Yahoo! Inc shares. Yahoo! Inc and its authorized agents will be able to borrow from the facility to support stock price.
This facility will be available for business on Monday, May 5. It will be in place for at least six months and may be extended as conditions warrant. The interest rate charged on the credit will be the same as the primary credit rate, or discount rate, at the Federal Reserve Bank of New York. In addition, Yahoo! Inc shareholders who are unable to sell their shares at or above Friday, May 2 closing price, will be able to swap Yahoo! shares for the US Treasuries at the set price of $29.70 per share. Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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If you look at the price MSFT pay for AQNT, YHOO is a s...
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selfdragon |
 
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2-May-08 11:25 pm | ||
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good u made good point.... my cats breath smells l...
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v_kutsog | Rate it | 2-May-08 11:34 pm | ||
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considered it marked.
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reversmo | Rate it | 4-May-08 01:52 am | ||
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msft is no time-warner when twx bought a...
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net4zero | Rate it | 4-May-08 01:53 am | ||
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The Deal Is Off, The Deal Is Off, The De...
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patientreal... | Rate it | 4-May-08 02:00 am | ||
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another dumb momo.. $38?? no way momo
top is $3...
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ryan929rr | (1 Rating) | 3-May-08 12:15 am | ||
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wtf is a momo
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nasdaq270 | Rate it | 3-May-08 12:25 am | ||
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Fed opens Yahoo Lending Facility
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longshort08 |
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3-May-08 11:58 pm | ||
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longshort ---lol
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microsoftdr... | (1 Rating) | 4-May-08 12:00 am | ||
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I'm laffin so hard there is coffee ...
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jmborchers1... | (1 Rating) | 4-May-08 12:01 am | ||
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cheers to almighty FED and its lend...
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stockmarket... | Rate it | 4-May-08 12:03 am | ||
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Brilliant! Makes up for severa...
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jumpedorpus... | Rate it | 4-May-08 12:07 am | ||
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Where can I find the form to fill i...
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papaaclown | Rate it | 4-May-08 12:07 am | ||
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The best damn laugh I've had this w...
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plymouthacc... | Rate it | 4-May-08 12:23 am | ||
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Excellent post.....The word is Yaho...
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dtrx1122 |
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4-May-08 12:23 am | ||
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hilarious ... good one
LOLLLLLLL...
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maranellus | Rate it | 4-May-08 07:51 pm | ||
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Correct! They want 37 and idiot Ballmer will pay 3...
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naganis2002 | (2 Ratings) | 4-May-08 12:26 am | ||
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This is hoping at best. You maybe right in the acq...
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exflixer | Rate it | 4-May-08 02:03 am | ||
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Deal is over fools..Forget it move on..Idiots...
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mark_jagger... | Rate it | 4-May-08 02:05 am | ||
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yr of the rat?
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reversmo | Rate it | 4-May-08 02:13 am | ||
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If you pray REAL hard, those $35 May calls you bou...
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tomdrivas | Rate it | 4-May-08 02:23 am | ||
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Dream on - little broomstick cowboy.
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heynow10 | Rate it | 4-May-08 02:28 am | ||
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nice call dragon.
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reversmo | Rate it | 4-May-08 08:23 pm | ||
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few years ago,yahoo was $500 stock,check the ...
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ssamir_44y | Rate it | 4-May-08 08:26 pm |
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