JPM – Warren Mosler

WARREN MOSLER | Modern Monetary Theory

[Skip to the end] I hadn’t noticed this back then, but Vince got it right: The Fed purchased the $30 billion of securities from JPM/Bear

July 25, 2008

[Skip to the end] Doesn’t look like a funding operation. Looks like JPM sold the Bear Stearns securities to the Fed and retained a first

July 14, 2008