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In this housing as outlined by the New royalty FRS memo below, a triparty repo dealings is a dealings among threesome parties: a change lender acting on behalf of all holders of dollars (the Fed), a borrower that will wage confirmatory (dodgy debt holder in shaky business condition), and a clearing bank, most probable a primary moneyman same J.P. Morgan, which is only too happy to amass its fees as an be Sure you bookmark this page. Thanks...
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Senin, 30 November 2009
Draining the Swamp: The Fed's Tri Party Repo Machine
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