Lucky 13 years next Wednesday, Lehman. They took the bank's head underwater and they watched for the bubbles. No repo gravy train, indeed.
US Federal Reserve accepts $1.1T in daily reverse repo operation. All Lehman needed was a $15B repo on September 15, 2008. Never would have failed today, NOT a chance.
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What are you talking about? This is functionally the same as purchasing treasuries from the company POV. It's an overnight loan TO the fed
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obviously, yes, follow on impact - repo market as a whole impact from fed, follow @ScottSkyrm - you can practically repo an unsecured claim on an NFT in 2021, hilarious. repo has never been cheaper, never been easier to finance crap collateral, fact.
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best safe asset ever @JeffSnider_AIP @EmilKalinowski guy i would pay a lot just to see the face of Jeff while seeing that

8:18 PM ยท Sep 10, 2021

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GIF