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Business Matters
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The Federal Reserve's Mismanagement of the Federal Home Loan Bank
The white house says this is all down to mismanagement at the bank are they correct no there's been terrible mistakes made by regulators any fool could look at svb's balance sheet last year and see that there was a problem. We don't provide adequate tools to banks to deal with that i are proposed in my columns that we provide a facility for banks to sell their mortgages and their holdings of government debt when interest rates rise that puts them on the water.
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