Ben should be looking for a safe spot to make a "soft" landing in his plane with a sputtering engine. Instead he has elected to pull back as hard...
Now the light bulb comes on for "The Maestro"?. Now he see the problems? Great timing since it isn't his problem anymore. I guess he forgot...
I don't see a significant difference. Both are lending at a "penalty" (50-100bp) rate to institutions with collateral that nobody in the market...
Just another completely healthy, financial sound, adequately reserved, diligent, risk averse lender asking someone for a temporary handout due to...
Why is he angry?
You didn't really think that they were going to let the pizza boy next door get kicked out of his $500K home (with swimming pool) did you? The...
That mentality and people like you are the problem. I say let CFC go bust AFTER they foreclose on your house. The sooner all you scammers go...
The discount window has a historical stigma to it because basically by using it you are announcing you cannot get cash anywhere else in the...
The official line is that he didn't want to "tip off" the media that the fed was meeting (via teleconference) so he stuck to his scheduled dinner...
Acceptable collateral: # Obligations of the United States Treasury # Obligations of U.S. government agencies and government sponsored...
The St. Louis Discount Rate is still at 6.25% (Primary) / 6.75% (Secondary). Funny how it was pitched as a "unanimous" vote. I guess St. Louis...
Everyone is biased. Demographia definitely blames the steep increase in housing prices on government "smart-growth" policies causing land...
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