Relevant:
- NYT: Repo Market Might Cause Another Financial Crisis
- Fed repo injects $105 billion into market, continuing injection streak
- Fed To Expand Bank Credit With "Repos" Instead of QE3?
- Fed Facilitates Massive $340 Billion In Quarter-End Window Dressing
- Fed repo bailout: Overnight operations level to increase to $120 billion
2010-07-12 — zerohedge.com
"In what will come as a complete lack of surprise to everyone, Bank of America has officially confirmed it "mistakenly" used Repo 105-type transactions on $10.7 billion in assets, which had been misclassified as sales rather than borrowings, or repos, in the period between 2007 and 2009."
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