Comments on: Back to One-Off Bailouts http://alephblog.com/2008/09/30/back-to-one-off-bailouts/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Thu, 18 Mar 2010 13:31:18 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: David Merkel http://alephblog.com/2008/09/30/back-to-one-off-bailouts/comment-page-1/#comment-19503 David Merkel Wed, 22 Oct 2008 16:34:18 +0000 http://alephblog.com/?p=985#comment-19503 Thanks, Vincent. I have tried to incorporate this into later posts. Thanks, Vincent. I have tried to incorporate this into later posts.

]]> By: David Merkel http://alephblog.com/2008/09/30/back-to-one-off-bailouts/comment-page-1/#comment-19242 David Merkel Wed, 08 Oct 2008 13:48:31 +0000 http://alephblog.com/?p=985#comment-19242 call "Battleship Hartford" the Bismarck. I have already apologized for this one. call “Battleship Hartford” the Bismarck. I have already apologized for this one.

]]> By: Vincent Poncet http://alephblog.com/2008/09/30/back-to-one-off-bailouts/comment-page-1/#comment-19099 Vincent Poncet Tue, 30 Sep 2008 23:49:15 +0000 http://alephblog.com/?p=985#comment-19099 Note : - "Term Facility" part of "securities lent to dealers" is the "Term Securities Lending Facility". see " For Release at 4:30 P.M. Eastern time April 3, 2008 The Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks," has been modified to include a separate line for securities lending conducted under the Term Securities Lending Facility (TSLF), which was announced on March 11, 2008. " http://www.federalreserve.gov/releases/h41/20080403/ So, you could have 2 items, one for TSLF, and one for "overnight securities lent to dealers" Note :
- “Term Facility” part of “securities lent to dealers” is the “Term Securities Lending Facility”. see ”
For Release at
4:30 P.M. Eastern time
April 3, 2008

The Board’s H.4.1 statistical release, “Factors Affecting Reserve Balances of
Depository Institutions and Condition Statement of Federal Reserve Banks,” has
been modified to include a separate line for securities lending conducted under
the Term Securities Lending Facility (TSLF), which was announced on March 11,
2008. ” http://www.federalreserve.gov/releases/h41/20080403/

So, you could have 2 items, one for TSLF, and one for “overnight securities lent to dealers”

]]> By: Vincent Poncet http://alephblog.com/2008/09/30/back-to-one-off-bailouts/comment-page-1/#comment-19098 Vincent Poncet Tue, 30 Sep 2008 23:25:09 +0000 http://alephblog.com/?p=985#comment-19098 On 486.578 billions of T-Bill/Notes, 190.532 billions are lent to banks, so these T-bill/Notes are not in full control of the fed. So, I suggest you to add a new usage called "securities lent to dealers" as in 1A.memorandum Items of fed's balance sheet statement : http://www.federalreserve.gov/releases/h41/Current/ So, T-Bill/Notes are not 38% but only 25% of the fed's balance sheet, the other 13% are lent to dealers. On 486.578 billions of T-Bill/Notes, 190.532 billions are lent to banks, so these T-bill/Notes are not in full control of the fed.
So, I suggest you to add a new usage called “securities lent to dealers” as in 1A.memorandum Items of fed’s balance sheet statement : http://www.federalreserve.gov/releases/h41/Current/
So, T-Bill/Notes are not 38% but only 25% of the fed’s balance sheet, the other 13% are lent to dealers.

]]> By: Eric http://alephblog.com/2008/09/30/back-to-one-off-bailouts/comment-page-1/#comment-19095 Eric Tue, 30 Sep 2008 14:33:30 +0000 http://alephblog.com/?p=985#comment-19095 And I don't expect that Battleship Hartford is helping your results again today. Same old story with insurance companies as investments...opaque until it's too late. And I don’t expect that Battleship Hartford is helping your results again today. Same old story with insurance companies as investments…opaque until it’s too late.

]]> By: Bill WrightJr http://alephblog.com/2008/09/30/back-to-one-off-bailouts/comment-page-1/#comment-19093 Bill WrightJr Tue, 30 Sep 2008 13:34:08 +0000 http://alephblog.com/?p=985#comment-19093 There is nothing wrong with being pessimistic in the current situation. I'm sorry of course for your dollar loss and losing your computer at the same time. That is terribly unpleasant especially for those of us whose work relies on that equipment. There is nothing wrong with being pessimistic in the current situation. I’m sorry of course for your dollar loss and losing your computer at the same time. That is terribly unpleasant especially for those of us whose work relies on that equipment.

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