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I work for a fortune 500 financial institution. After what happened during the last crash we had a policy of 365 days of liquidity. So far this time we haven'
by Consultant32452 7y ago
I work for a fortune 500 financial institution. After what happened during the last crash we had a policy of 365 days of liquidity. So far this time we haven't used the Fed firehose of $, but according to our CEO the Fed has asked us to start using it. I don't understand why the Fed would ask us to use something we don't need.
- DrAwdeOccarim 7y agoSo that companies that need to use it don't feel stigmatized, and subsequently punished by the market.