Nice interactive graphic from Bloomberg regarding the Emergency loans made by the Fed (see yesterday’s discussion here).
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Click for interactive graphic:
Source: The Fed’s Secret Liquidity Lifelines,
Bloomberg
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
The best way to keep money in perspective is to have some. —Louis Rukeyser
"It's the end of the world as we know it and I feel fine" say the French as consumer confidence in May rose to the highest since Nov '10 as they welcome and get excited about new Pres Hollande. Also, the French 10 yr bond yield touched the lowest on record this morning. June consumer confidence in Germany held at 5.7, just .2 pts off the highest since Mar '11. To the euro bond debate which is now taking on greater rhetoric with those with high bond yields wanting them and those with low ones saying no way, ECB member...
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August 23rd, 2011 at 12:05 pm
http://www.youtube.com/watch?v=NVNU5jkOwzU
Follow the Money.
August 23rd, 2011 at 12:30 pm
Absolute rumor but this is serious
JPM to take over BAC
http://capital3x.com/?p=199
August 23rd, 2011 at 12:32 pm
Oh, but but, Citigroup only took all that money to “encourage others to utilize the facility”.
Not only are they thieves, they think we are idiots.
August 23rd, 2011 at 1:32 pm
We did not gather in the streets to protest any of this, In their view we are idiots.
August 24th, 2011 at 10:09 pm
Barry, this article left me near disgusted with the entire system; it is a disgrace to this nation and to taxpayers. How is Mack not in jail (not to mention for his honeywell antics) for a Sarbanes Oxley violation? If you say your company is fine and well capitalized when you clearly are not, or worse, it is going under, isn’t that a Reg FD violation? Should the SEC not put him in PMITA prison? Ms and the banks who said they did not need a bailout violated SARBOX right? I would like your clarity to tell me I am wrong or right. Thank you as you alone get this. Also, how can the FED send our taxpayer money to banks overseas? Isn’t this illegal? Is there recourse here?