Saturday, April 25, 2020

Federal Reserve transparency policy has limited application

https://wallstreetonparade.com/2020/04/fed-plans-to-release-names-on-bailout-recipients-just-not-on-9-trillion-in-secret-loans/

 

It applies only to loans backed by U.S. Treasury and not to $ trillions in collateralized loans it makes on its own. The authors have concerns about the quality of the collateral.

 

Charlie Cooper

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