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East Coast Economics

Back to 1991 the FDIC. FDIC chairwoman Sheila Bair introduced two unusual ideas last week one, that banks should prepay their assessed fees through 2012 by the end of this year; two, that the FDIC might indeed end up borrowing substantial amounts from Treasury in order to manage liquidity. The reason for this, of course, is that the 98 bank failures. Until 2017. In addition, while the DIF is backed by the full faith and credit of the US government, Bair believes that borrowing from Treasury to solv.

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FURTHERISM a rejection of kabuki

Sunday, October 13, 2013. Leonard Cohen, The Future. That is a perfect description of a non-epiphany, that rarest of moments, when God Almighty lets go of the scruff of your neck and lets you be human for a little while. If something seems true, keep it as a working hypothesis. Save your degrees of freedom until you really need them.

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East Coast Economics

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Back to 1991 the FDIC. FDIC chairwoman Sheila Bair introduced two unusual ideas last week one, that banks should prepay their assessed fees through 2012 by the end of this year; two, that the FDIC might indeed end up borrowing substantial amounts from Treasury in order to manage liquidity. The reason for this, of course, is that the 98 bank failures. Until 2017. In addition, while the DIF is backed by the full faith and credit of the US government, Bair believes that borrowing from Treasury to solv.

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