Print View - Wall Street Banks Have an Alibi for their $11.23 Trillion in Emergency Repo Loans from the Fed… It’s a Doozy

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From September 17, 2019 through July 2, 2020, the trading units of the Wall Street megabanks (both domestic and foreign) took a cumulative total of $11.23 trillion in emergency repo loans from the Federal Reserve. The loans were conducted by one of the 12 regional Fed banks, the Federal Reserve Bank of New York – More

The post Wall Street Banks Have an Alibi for their $11.23 Trillion in Emergency Repo Loans from the Fed… It’s a Doozy appeared first on CounterPunch.org.

This content originally appeared on CounterPunch.org and was authored by Pam Martens - Russ Martens.

Citations

[1] ➤ https://www.counterpunch.org/2022/01/07/wall-street-banks-have-an-alibi-for-their-11-23-trillion-in-emergency-repo-loans-from-the-fed-its-a-doozy/[2] ➤ https://www.counterpunch.org/2022/01/07/wall-street-banks-have-an-alibi-for-their-11-23-trillion-in-emergency-repo-loans-from-the-fed-its-a-doozy/[3] ➤ https://www.counterpunch.org/