E' dal 1930 che non fanno una cosa del genere... siamo proprio alla frutta
BULLET: US TSYS/FED: Regarding JPM, BSC news on discount.....
US TSYS/FED: Regarding JPM, BSC news on discount window borrowing, 
Tony Crescenzi of Miller Tabak offers this excerpt from page 366 of his 
book, Stigum's Money Market: Reserve banks are authorized, "in unusual 
and exigent circumstances" and after consultations with the Board of 
Governors, to extend credit to an individual, partnership, or 
corporation that is not a depository institution if, in the judgment of 
the Federal Reserve Bank, credit is not available from other sources and 
failure to obtain such credit would adversely affect the economy. The 
interest rate charged on such credit would be above the highest rate in 
effect for advances to depository institutions. Such loans were used in 
the 1930s to grant about 125 loans totaling a mere $1 million but it has 
not been used since. Other sorts of federal subsidies or assistance, the 
Fed believes, should be granted only by decisions of Congress and the 
administration, not by an independent central bank.
diciamo bye bye U.S.A.  
