One of the best accounts of the NY Fed and it’s ties to Wall Street over and above it’s stated mandate….
via wallstreetonparade: The Federal Reserve Bank of New York (New York Fed) seems intent on stonewalling Wall Street On Parade from receiving some very basic information on JPMorgan Chase’s rapid drawdown this year on its liquid reserves at the New York Fed – a matter which some on Wall Street have fingered as a contributing cause … Read more