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4min chapter
Nick Timiraos: The Fed Doesn't Want Bank Failures In The News
Forward Guidance
The Federal Reserve's Options for Helping the Banking System
The Fed can lend to banks that are solvent. It can't re-equify banks that are under-capitalized. The FDIC did a temporary unlimited guarantee of served deposits in 2008. In the Dodd-Frank Act, it says, don't do that again,. If you want to do it, we're going to allow a series of things that you have to go through.
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