Thank you for contacting the New York Fed. We will respond to your e-mail within 5 business days. For more information, please visit our website at http://www.newyorkfed.org.

That was the Fed’s reply to the following question I emailed them on March 12, 2008 at 2:22 pm est:

What are the impacts of the TSLF haircuts on the mark-to-market requirements for the collateral that is being offered, especially as it relates to the first quarter accounting period that will end within the first 28-day window?

Hey, I know it was an auto-reply. I know the Fed either doesn’t know me or if it does, it probably doesn’t like me.

Maybe they didn’t like the question. Maybe the question was stupid and not worthy of a reply.

Maybe they didn’t like the question. Maybe the question was not stupid and they didn’t know how to reply.

Maybe my email found its way into the junk mail folder. Maybe it accidentally got deleted.

Nonetheless, I am waiting for my reply from the Fed. I waited 5 business days per their promise. I waited another 5 business days just to be fair. Anyone wonder how many additional 5 business day periods I will wait to get my reply.