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Diane Publishing Books
Federal Home Loan Bank System: The Lender of Next-to-Last Resort?
Adam Ashcraft (au); Morten L. Bech (au); W. Scott Frame (au)
The Federal Home Loan Bank (FHLB) System is a large, complex, and understudied govít.-sponsored liquidity facility that currently has more than $1 trillion in secured loans outstanding, mostly to commercial banks and thrifts. Documents the significant role played by the FHLB System at the outset of the ongoing financial crisis and then provides evidence about the uses of these funds by their bank and thrift members. Identifies the trade-offs faced by FHLB member-borrowers when choosing between accessing the FHLB System or the Fed. Reserveís discount window during the crisis. Describes the fragmented U.S. lender-of-last-resort framework and finds that additional clarity about the respective roles of the various liquidity facilities would be helpful.
Not Fade Away: The On-Line World Remembers Jerry Garcia
New View of Self: How Genes & Neurotransmitters Shape Your Mind, Your Personality, & Your Mental Health
We the People: Voices & Images of the New Nation
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