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An Extended Breakdown of the Fed and Banks (Podcast)

Bloomberg Intelligence

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The Fed's Role in the Financial Crisis

Barry Cevallos: The Fed has raised rates too quickly and they've broken things. It doesn't appear that the entire system is at risk just yet. Maybe these banks should be holding their long-term treasuries in hold to maturity instead of assets that could be sold, he says. This all comes back to you're less profitable if you have more capital on the books,Cevallos adds.

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