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Exclusive: Dallas Fed Quietly Suspends Energy Mark-To-Market On Default Contagion Fears | Zero Hedge

The Dallas Fed met with the banks a week ago and effectively suspended mark-to-market on energy debts and as a result no impairments are being written down. Furthermore, as we reported earlier this week when first nothing the rumor, the Fed indicated

Source: Exclusive: Dallas Fed Quietly Suspends Energy Mark-To-Market On Default Contagion Fears | Zero Hedge

 

LessThunk: Eventually even fantasies will end, once trust is lost. There is a post on ZeroHedge, saying that the Fed did not issue this.


Categorised as: interesting

Posted by: Kramer

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