Repo Rates Go Wild. US Banks and Federal Reserve Collude For Deregulation

Mr. Jamie Dimon at Chase Bank wants you to know that US Banks are overregulated. He and other corporate leaders refuse to provide their alleged liquidity in the overnight repo market unless they are freed from regulatory oversight. Mr. Dimon thinks the banks are overregulated. Yes, that’s fine Mr. Dimon. You’re right. You regulate the … Continue reading Repo Rates Go Wild. US Banks and Federal Reserve Collude For Deregulation