More truth about the 2019 Repo Madness Bailouts:
The real number was over $19 trillion in bailouts?
The Fed also bailed out a Japanese investment bank, Nomura Securities, for almost $4 trillion back in 2019 because the Japanese bank borrowed from repo to make leveraged bets on bonds, OTC derivatives, etc and then could not pay back its loans from repo?
A Nomura Document May Shed Light on the Repo Blowup and Fed Bailout of the Gang of Six in 2019 wallstreetonparade.com/2022/0…
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See also CS bail out is like 10% of Switzerland’s entire GDP. This would be like the US bailing out one bank for $2.3 trillion.