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Michael Hirasuna
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I agree and I have posted a similar objection on my blog - http://www.insidejob.com/profiles/blogs/is-st-omo-the-same-as :
The only legitimate objection to the Single-tranche RP program is that it was left out of the Dodd-Frank disclosure at the Fed's website. With so much anti-Fed feeling, its is important for the Fed to announce that it will treat Single-tranche RP just like the other Fed programs explicitly named in Dodd-Frank and post the data as quickly as possible.
"Secret loans" that were not so secret
I confess to be more than a little surprised when yesterday's morning reading turned up the following headline, from Bloomberg's Bob Ivry: "Fed Gave Banks Crisis Gains on Secretive Loans Low as 0.01%" The crux of the story found its way to the Wall Street Journal's Real Times Economics blog: ...
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May 30, 2011
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