Hints and tips:
...of dollar Treasury bills, repurchase agreements and commercial paper combined....
...Its pseudo-dollars are backed with something like cash: bank deposits, Treasury bills and commercial paper....
...But some clients borrow to pay for household bills or essentials. Regulators frown on such financial engineering, not least because it could indicate that some investors are overstretched....
...Robert McCauley is an academic at Boston and Oxford universities. He spent most of his career at the Bank for International Settlements and, before that, at the Federal Reserve Bank of New York....
...“Compare that to dollar repo which was 190 earlier this week, and Treasury bills, which are about 150....
...And when people in capital markets say they're "going to cash," they don't actually buy dollar bills. They buy Treasuries....
...Between 2010-2015, JPMorgan had the highest CEO compensation bill of the 21 US banks analysed by KBW at $120m....
...Bush recently signed a $256bn highway bill that contained an egregious amount of “pork” and Congress has not yet made a significant effort to offset the expected $200bn costs of Hurricane Katrina and the...
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