Relevant:
- NYT: Repo Market Might Cause Another Financial Crisis
- Fed plans repo markets revamp
- Curious Trading by Federal Reserve Advisor May Result in JPMorgan Chase $1.264 Billion Windfall
- Six Federal Home Loan Banks Seek to Intervene in BofA Mortgage Accord
- IRS Wins Big Tax Ruling against Bank of New York Mellon
2009-06-23 — housingwire.com
"A plan said to be in the works at the Federal Reserve to bring sweeping changes to the broad repurchase markets may involve the formation of a federal clearing bank to take the place of banks like Bank of New York Mellon and JPMorgan Chase (JPM: 32.87 0.00%)."
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