Tag Archives: Why Federal Reserve Support Is Really A Bailout

DealBook – Why Federal Reserve Support Is Really A Bailout – 9 December 2013

DealBook

By STEPHEN J. LUBBEN

It has become something of an article of faith in the financial world that government support like discount-window liquidity does not count as a bailout. Namely, the argument is that if a financial institution needs to borrow some money on a short-term basis from the government, but the institution is otherwise solvent, that the lending is not a bailout.

www.dealbook.nytimes.com / link to original article