“Shadow Fed” Casts A Shadow Over The Solvency Of The U.S. Banking System
Posted on March 17, 2009 at 08:58 AM EDT
It’s called the “Shadow Fed.” And it’s the next potential hot spot in the ongoing financial crisis. But few outside the Federal Home Loan Bank system, the Federal Deposit Insurance Corp. (FDIC) the U.S. Federal Reserve and the U.S. Treasury Department are remotely aware of the problems that are smoldering. The Federal Home ...