Wednesday, October 28, 2009

An Overview Of The Fed's Intervention In Equity Markets Via The Primary Dealer Credit Facility | zero hedge

An Overview Of The Fed's Intervention In Equity Markets Via The Primary Dealer Credit Facility | zero hedge: "Recently, Zero Hedge presented a snapshot analysis of the various securities that made up the triparty repo agreement involving JPM, Lehman and the Fed. We uncovered numerous bankrupt companies' equities that were being pledged as collateral for what ultimately was taxpayer exposure."

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