Relevant:
- Corporate Bonds Are The IEDs Of Monetary Central Planning: They Will Be Exploding Along Wall Street Soon | David Stockman
- Why does Wall Street always get bailed out?
- Crony capitalism
- Wall Street Hates JPMorgan Fee for $1 Trillion Junk Loans
- JPMorgan Grabs No. 1 Underwriter Spot Spurred by Debt Refinance
2008-03-11 — bloomberg.com
And now all of it can be dumped on the Fed as collateral. It's good to be the king(s of Wall Street).
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