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Why can't they just spin up an LLC that would buy stocks/ETFs and just write loans to it? Why would that need congressional approval? Seems like exactly what t
by internet_user 7y ago
Why can't they just spin up an LLC that would buy stocks/ETFs and just write loans to it?
Why would that need congressional approval? Seems like exactly what they've done with Maiden Lane LLC
- thoughtstheseus 7y agoThey went through a bank, JPMorgan. The fed can lend to banks so they could execute equity purchases if they found a partner bank to actually do it.