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Re:Joint Statement by the Department of the Treasury, Federa... by AdamN on Monday March 13, 2023 @04:39AM (#35132806)
The Fed will accept treasuries as collateral for face value loans to banks for 1 year as part of the announcement. The losers here will be bank shareholders (of underwater banks) because they will need to dilute themselves to make up the difference when the loan gets called unless they can find other ways to make money in the meantime.

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