Member Video #18: Collateral History

Collateralized loans sound easy enough, yet from the very beginning when the Federal Reserve introduced the “repurchase agreement” it had been a confusing mess. Is it a loan, or an actual transfer of ownership? Regulators, authorities, even courts of law spent decades trying to answer. And until they finally did, the fusion of collateral with intermediation would have to wait.

WATCH HERE

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MacroVoices #362 Jeff Snider: Soft Landing or Crash Landing?