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Zero Hedge — “The Fed Can Lend To Anybody”: Watch Live As Bernanke Holds Virtual Discussion On US Economy

Summary:
"The Fed can essentially lend to anybody" based on its emergency powers. Zero Hedge"The Fed Can Lend To Anybody": Watch Live As Bernanke Holds Virtual Discussion On US Economy Tyler DurdenSee alsoZero HedgeIn "Unprecedented" Move To Ease Conditions, ECB Cuts Collateral Haircuts By 20%, Will Accept Greek Debt As CollateralTyler Durden

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"The Fed can essentially lend to anybody" based on its emergency powers.
Zero Hedge
"The Fed Can Lend To Anybody": Watch Live As Bernanke Holds Virtual Discussion On US Economy
Tyler Durden

See also

Zero Hedge
In "Unprecedented" Move To Ease Conditions, ECB Cuts Collateral Haircuts By 20%, Will Accept Greek Debt As Collateral
Tyler Durden

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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