Relevant:
- Repurchase agreements and covert nationalization
- The dynamic central banking duo -- ECB balance sheet up over €3.1 trillion mimicking Fed balance that is close to $3 trillion. Shuffling toxic assets into darkness.
- Credit as Percentage of Banks' Balance Sheets Lowest in 40 Years
- Is It Time To End the Federal Reserve?
- FDIC Collected Few Insurance Fees for a Decade
2009-09-29 — reuters.com
"Because the funds were already scheduled to be collected, banks will be able to treat this assessment as a prepaid expense on the asset side of the balance sheet. In other words, the banks will pay the cash today but will reflect it in earnings over the next three years."
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