Comments by "nuqwestr" (@nuqwestr) on "Larry Kudlow: This could unlock a big problem" video.

  1. Fed Reserve just announced loan program which would provide liquidity for banks in similar situation as SVB. Banks can borrower up to one year based on assets valued at par. This is a BIG deal not being covered in the press.
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  2. dream on, we are part of a globalized economy and that would not work, part of our global strength is the value of our bonds on a world market.
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  3. SVB CEO Becker was on the board of the SF branch of the Fed Reserve who had oversight and gave guidance to SVB. Problem?
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  4. nonsense, this has nothing to do with equity market and Fed just put a safety valve in place for bank runs.
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  5.  @lo1234-w9r  SVB could have borrowed against their positive balance sheet. Why didn't they?
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  6.  @lo1234-w9r  interbank would value assets at current face, Fed program values at par, so banks stressed by underwater positions would go with Fed program.
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  7. Fed just put in a loan program to provide liquidly for bank in similar situation, pressure value in place for inverted curve.
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  8. Huh? SVB CEO Becker was on the Fed Reserve board in San Francisco.
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  9. SF Fed Reserve, and CEO Becker also has close ties to Gov Newsom and his wife.
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