Wall Street Banks Have an Alibi for their $11.23 Trillion in Emergency Repo Loans from the Fed – It’s a Doozy

Gunnar Larson g at xny.io
Thu Jan 6 09:17:35 PST 2022


>From September 17, 2019 through July 2, 2020, the trading units of the Wall
Street megabanks (both domestic and foreign) took a cumulative total of
$11.23 trillion in emergency repo loans from the Federal Reserve. The loans
were conducted by one of the 12 regional Fed banks, the Federal Reserve
Bank of New York – which is literally owned by megabanks
<https://wallstreetonparade.com/2019/11/these-are-the-banks-that-own-the-new-york-fed-and-its-money-button/>,
including JPMorgan Chase, Goldman Sachs, Citigroup, Morgan Stanley and
others.

https://wallstreetonparade.com/2022/01/wall-street-banks-have-an-alibi-for-their-11-23-trillion-in-emergency-repo-loans-from-the-fed-its-a-doozy/

-- 
*Gunnar Larson - xNY.io <http://www.xNY.io> | Bank.org <http://Bank.org>*
MSc
<https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&utm_medium=Search&utm_campaign=MSc-Digital-Currency-North-America&utm_term=blockchain%20unic&gclid=Cj0KCQiAyJOBBhDCARIsAJG2h5ctwwMz0MRbVSk-LaYD-GMU5UgDSw7ynxbGr_a7SkaFAZzJc1-pzxEaAi4NEALw_wcB>
- Digital Currency
MBA
<https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovation-mba-1-5-years-or-3-semesters/>
- Entrepreneurship and Innovation (ip)

G at xNY.io
+1-646-454-9107
New York, New York 10001
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