The Market Ticker
Rss Icon RSS available
Fact: There is no immunity or protection against The Law of Scoreboards.
Did you know: What the media does NOT want you to read is at https://market-ticker.org/nad.
You are not signed on; if you are a visitor please register for a free account!
The Market Ticker Single Post Display (Show in context)
User: Not logged on
Top Login FAQ Register Clear Cookie
User Info The Death Of Reason; entered at 2014-05-22 10:15:41
Aztrader
Posts: 8711
Registered: 2007-09-10 Scottsdale, AZ
Do you think that the Fed has purchased bad paper from the banks? When I see the category "other" on their balance sheet, we have to wonder. Is it possible the Fed is using the same accounting that the banks are using ignoring mark to market for all their assets? If so, doesn't this violate thier charter?


Unfortunately, we will never know because they are fighting tooth and nail from being formally audited.
2014-05-22 10:15:41