2009-05-01bloomberg.com

This is hilarious. The Fed is going to kinda-sorta require banks to kinda-sorta have to deliver Treasuries when they short them (instead of, well, forging them), and people are complaining about how this will "harm liquidity".

I think what they meant to say was "oh sh*t, this will bankrupt us, since we have forged/are forging so many Treasuries."



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