Showing posts with label discount window. Show all posts
Showing posts with label discount window. Show all posts
Thursday, March 16, 2023

Discount window bailout operations for banks are now officially worse in magnitude than in 2008, though not in scope

›
We don't have 500 bank failures. What we do have is Dodd-Frank 2010 limits on deposit insurance not keeping up with 2023 realities. Unle...
Wednesday, July 6, 2022

This is as good a day as any to remember that Ben Bernanke's Fed under Obama bailed out the banksters and hung 6.5 million homeowners out to dry

›
 Bloomberg, August 21, 2011, here : Fed Chairman Ben S. Bernanke’s unprecedented effort to keep the economy from plunging into depression ...
Monday, April 1, 2013

David Stockman Hates Everything About America, Except Cash

›
Just like, you guessed it, The New York Times! He hates: Crony capitalism, Keynesianism, imperialism, stimulus, social insurance, incumbency...
Wednesday, March 27, 2013

US Banks Stay In Business Because Of The Fed's Discount Window

›
So says Jeff Bailey, here : Bankers will talk about being entrepreneurial and needing the freedom to compete. This is B.S. The only reason t...
Wednesday, November 30, 2011

Most American Banks Are Paying More at the Discount Window Than EU Banks For Swaps

›
Swap lines for EU banks are now discounted to 0.58 percent. The European Central Bank gives us euros as collateral, and we give them dollars...
Sunday, August 21, 2011

Net Return On Massive Secret Loans To Biggest Banks By Federal Reserve Was Barely 1 Percent During Subprime Meltdown Between 2007 and 2009

›
Bloomberg has the story here . This while home buyers in the US in 2007 with excellent credit were paying 6 percent or more for 30 year fixe...
Thursday, April 7, 2011

Federal Reserve Discount Window Aided Many Banks Which Failed Anyway

›
So says another in a long line of incriminating stories in The New York Times , highlighting the pervasive involvement of the US government ...
Monday, March 21, 2011

Supreme Court Rejects 8 Bank Clearing House Appeal on Loan Disclosures

›
The decision, which is moot as to future disclosure requirements because of the disclosure requirements under the Dodd-Frank legislation, wi...
Sunday, December 5, 2010

$9 Trillion in Fed Bailouts Saved the Elites, But $50 Billion for Unemployed Will Bankrupt Us?

›
Here's an excerpt from " The Con of the Century ," by someone worth reading who gets it: [U]nemployment insurance will cost ro...
Thursday, December 2, 2010

Here's Why Your Government Stalled on the FOIA for Two Years

›
Because the American taxpayer has bailed out the whole world, that's why. We're now the biggest suckers in history. And the followin...
Tuesday, October 26, 2010

Major Banks Appeal Federal Reserve Disclosure Ruling to Supreme Court

›
But the Federal Reserve did not join in the appeal, apparently in order to enhance the standing of the banks in the case. At stake are the d...
Monday, October 25, 2010

US Treasury Still Stonewalling FOIA Request on Citigroup Guarantees

›
Twenty months and counting, including a non-response response on what securities $300 billion of taxpayer monies guarantee. It's our mon...
Monday, September 13, 2010

Federal Reserve Given Until October 19 To Appeal To US Supreme Court

›
Bloomberg.com reported on August 27th that the Federal Reserve has won yet another reprieve as it seeks to escape rulings requiring it to co...
Tuesday, August 24, 2010

Federal Reserve Appeal Denied, Continues to Stymie to Protect Banksters

›
Bob Ivry for Bloomberg News is reporting that the Federal Reserve's appeal in May of a March ruling requiring the Fed to disclose inform...
Thursday, April 1, 2010

Tim Geithner and Ben Bernanke Usurped The Power Of The U.S. House Of Representatives

›
So why aren't they in jail? They illegally bought trash loans and credit default swaps with taxpayer money and without congressional aut...
Friday, March 19, 2010

Feds Must Disclose Where Over $2 Trillion Of Taxpayer Money Has Gone

›
And I'll bet you didn't know it was missing! The courts have spoken twice, but expect more delaying tactics by the Fed. Excerpts fro...