The Fed and the interbank market: deciphering accounting manipulations
Abstract Large US banks and hedge funds have suffered heavy losses, especially on derivatives. They lack liquidity. Only the Fed is providing them with liquidity,…
Abstract Large US banks and hedge funds have suffered heavy losses, especially on derivatives. They lack liquidity. Only the Fed is providing them with liquidity,…
This article is part of the Premium and Gold subscriptions]. Since the beginning of this coronavirus story, I have said…