“The Fed won't disclose the names of the banks using the BTFP for two years”…

What a cesspool

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They want more deposit ser

But of course…

“We have investigated ourselves and found that we have done nothing wrong”

If they disclose it, more bank runs.

🎯

How is that legal Preston? It’s just bizarre.

With every new policy that comes out, the game get more rigged towards entities that are too big to fail.

They’re not even trying to conceal the fact that they’re rigging the system now.

We’re at the point where they’re basically saying, “What are you gonna do about it? What can you do about it?”

Yeezh

Best to just assume they’re all using it.

In the past we had bad banks, in the future there will be zombie banks.

What does BTCP mean anyway?

Buy The Fucking *peeeeeeep*..?

Put?

It's kind of gross. But to be honest, I understand why. Any bank they acknowledge helping, will have a bank run. That's their thinking here.

Public disclosure for thee not for we

It’s obviously the two that are blindly helping other banks “giving liquidity”