Field Trip to Maiden Lane: Home at Last on the Fed’s Balance Sheet
Apr 28th, 2009 | By Samantha Buker | Category: Featured, Macro Economics
Welcome to Maiden Lane, where the tripe vendors of Wall Street hawk their wares.
Maiden Lane runs right past the foot of the N.Y. Fed, and this address hosts the most poisonous assets on its balance sheet.
As any anti-Fed Reservist among you will agree, the Reserve’s balance sheet is nothing but ...read more
