Hard to Keep Up With the Number of Ways Bernanke is Lending to Banks
Apr 8th, 2008 | By Dan Denning | Category: Politics & EconomicsWhat’s going on in the U.S.? Can you say Plunge Protection Team? The Fed is subsidising risk taking by continuing to lend generously at the discount window. It’s getting hard to keep up with the number of ways Ben Bernanke is lending to other banks, to investment banks, and to primary dealers.