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IPFS News Link • Federal Reserve

Banks Say Plan to Guarantee Their Debt is Flawed, Ask For a Better Deal

• NakedCapitalism.com
Yves here. This logic helped get the US in trouble in the first place, a regulatory race to the bottom. Now we are getting it on the subsidiy side, as the industry hoovers up everything it can. And by all accounts, banks have excess reserves at the F

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