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40 years ago is 1983. https://fred.stlouisfed.org/series/FEDFUNDS https://fred.stlouisfed.org/series/FEDFUNDS Their risk management might have overeindexed on
by wbl 4y ago
40 years ago is 1983. https://fred.stlouisfed.org/series/FEDFUNDS https://fred.stlouisfed.org/series/FEDFUNDS
Their risk management might have overeindexed on the post recession era but the bank itself lasted through some pretty wild rate shocks.
- renewiltord 4y agoTrue. It looks like they mostly just made poor decisions in their most recent allocations. Unfortunate. Mostly, though, all this talk about them like they're a neobank is because everyone appears to think they are one.