[Skip to the end] (email exchange) Good read, thanks, passing it along. > > On Thu, Oct 16, 2008 at 8:22 PM, wrote: > > Even though
[Skip to the end] And this includes the ‘appropriate collateral’ for the unlimited USD loans as well. ECB extending collateral (to almost anything) ECB extending
[Skip to the end] The total is now up to $354 billion including $100 billion in overnight funds added by the ECB. Haven’t seen overnight
[Skip to the end] The total of $279 billion is very high. Note the seven day was higher than the one day, which could mean
[Skip to the end] (email exchange) > > On Mon, Oct 13, 2008 at 3:00 PM, Craig wrote: > > Since nobody understand the local currency /
[Skip to the end] Functionally, the Fed seems to have agreed to lend USD to the ECB in unlimited quantities unsecured and non-recourse. This defies
[Skip to the end] Europe is even worse off than I thought. And it looks to me like the Fed’s loan (via swap lines) to
[Skip to the end] (email exchange) Yes, but the inflation risks of the weak Euro may scare them. > > On Tue, Oct 7, 2008 at
[Skip to the end] [written on Sunday] While not a problem in the US for the Fed to do this and more (in fact it
I could fix this in twenty minutes… Money Market `Plagued’ by Libor That Fed Can’t Reduce by Gavin Finch (Bloomberg) A year after central banks