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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by bradleyjg on Sunday March 12, 2023 @09:06PM (#35129197)
Not only that but they’ll loan you more than the security is worth!
[ Parent | on HN ]
Re:Joint Statement by the Department of the Treasury, Federa... by xuki on Sunday March 12, 2023 @10:11PM (#35129921)
This is dog shit because banks can now buy bonds at market value and use them for collateral at par value. Brilliant idea really.
[ Parent | on HN ]