tag:blogger.com,1999:blog-2611021408437270881.post1102288438937267944..comments2024-03-18T23:59:39.885-07:00Comments on Skeptical CPA: BNY-Russia-DOJIndependent Accountanthttp://www.blogger.com/profile/07800220849565219709noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2611021408437270881.post-48646274670295198352009-11-14T17:45:44.067-08:002009-11-14T17:45:44.067-08:00The BONY answer consists of two words:
Tri-party ...The BONY answer consists of two words:<br /><br /><a href="http://www.sifma.net/story.asp?id=1294" rel="nofollow">Tri-party repo</a><br /><br /><a href="http://www.bankofny.com/htmlpages/npr_2006_2135.htm" rel="nofollow">Fancy systemic stuff</a><br /><br />You'd think the Fedsters would be broadening the infrastructure instead of protecting the too few parties... but no... couldn't have stable, open, transparent utilities... just rickety, overleveraged oligopolies...<br /><br />Pity.Anonymousnoreply@blogger.com