Follow us on...
Follow us on Twitter Follow us on Facebook Watch us on YouTube
Register
Results 1 to 2 of 2
  1. #1
    Atomic Punk
    Join Date
    12.25.01
    Age
    53
    Location
    Carmel, Ca
    Posts
    7,954
    Favorite VH Album

    Fair Warning
    Favorite VH Song

    You\'re Kidding,right?
    Last Online

    05.31.14 @ 08:17 PM
    Likes
    0
    Liked 1 Time in 1 Post

    More U.S. Banks QUIETLY Borrowing Money From FED

    Ummm....I don't know why this isn't a bigger news story:

    http://www.ft.com/cms/s/0/66db756a-d...nclick_check=1

    My favorite quote:

    US officials say the trend shows that financial authorities have become far more adept at channelling liquidity into the banking system to alleviate financial stress, after failing to calm money markets last year.

    However, the move has sparked unease among some analysts about the stress developing in opaque corners of the US banking system and the banks’ growing reliance on indirect forms of government support.

    “The TAF . . . allows the banks to borrow money against all sort of dodgy collateral,” says Christopher Wood, analyst at CLSA. “The banks are increasingly giving the Fed the garbage collateral nobody else wants to take . . . [this] suggests a perilous condition for America’s banking system.”
    "Nothing is ever what it seems but everything is exactly what it is." - B. Banzai


    My Blog:

    http://axxman300tool.blogspot.com/

    http://www.myspace.com/axxman300

  2. #2
    Eruption
    Join Date
    12.06.01
    Location
    Arizona
    Posts
    875
    Favorite VH Album

    I have to pick?
    Last Online

    10.05.17 @ 11:44 AM
    Likes
    0
    Liked 14 Times in 6 Posts

    Default

    Didn't one certain presidential hopeful say we were broke and needed to stop borrowing money and everyone called him a quack?
    Your favorite band sucks.

 

 

Similar Threads

  1. I Hate F'ing Banks!
    By CaboBrian in forum VH Fans Meeting Place (Non-Music)
    Replies: 3
    Last Post: 07.13.07, 01:57 PM
  2. Tyra Banks: They're real
    By ZeoBandit in forum VH Fans Meeting Place (Non-Music)
    Replies: 28
    Last Post: 09.24.05, 10:17 AM
  3. Ed's borrowing- Hear About it Later/ Girl Gone Bad
    By DaveB in forum VH Songs/Albums/Videos
    Replies: 10
    Last Post: 03.16.05, 02:41 PM
  4. Agent Cody Banks
    By FH in forum VH Fans Meeting Place (Non-Music)
    Replies: 14
    Last Post: 03.04.03, 02:23 PM
  5. Banks signed by Dallas
    By Van Gully in forum VH Fans Meeting Place (Non-Music)
    Replies: 8
    Last Post: 04.01.01, 04:37 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •