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To: Minus_The_Bear

“The New York Branch of the Fed is leveraged more than 80 to 1. Meaning, that a loss of asset value of less than 1.5% would send it into receivership if it were a different kind of institution”

http://www.zerohedge.com/article/jim-grant-fed-now-business-manipulating-stock-marketshould-confess-it-has-sinned-grievously


71 posted on 01/30/2011 9:08:04 AM PST by FromLori (FromLori">)
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To: FromLori
The New York Branch of the Fed is leveraged more than 80 to 1.

I guess it's a good thing that their liabilities carry 0% or 0.25% interest rates.

89 posted on 01/30/2011 1:05:36 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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