Featured Posts

OCC and OTS Mortgage Metrics Report Q3 2009OCC and OTS Mortgage Metrics Report Q3 2009 This report is the latest release from the Office of the Comptroller of the Currency and Office of Thrift Supervision on the mortgage industry and the stats on the performance.  It is a great report that...

Readmore

VIX Is LowVIX Is Low There is an old saying on Wall Street that when the VIX is high you buy and when its low you go.  For those unfamiliar with the VIX index it is the ticker symbol for the Chicago Board Options Exchange...

Readmore

Alcoa Earnings PreviewAlcoa Earnings Preview Alcoa kicks off earnings tonight.  Obviously the industry that Alcoa falls into has been red hot as of late with the falling dollar.  It will be interesting to see what the numbers look like.  Below...

Readmore

Shadow Inventory Put At 1.7 Million in 3Q Shadow Inventory Put At 1.7 Million in 3Q A study done by First American Core Logic released by CAR (California Association of Realtors): “Shadow Housing Inventory” Put At 1.7 Million in 3Q According to First American CoreLogic. Summary: As...

Readmore

Will History Repeat? If so, SPY @ $52Will History Repeat? If so, SPY @ $52 A lot of happy people out there... or so it seems.  The green shoots have bloomed into amazing profits at banks and a 60%+ rally in the market from the dark lows.  I'll admit I've been a happy camper...

Readmore

button_twitter4 Bank Rates Online Broker Info Online Broker Reviews

Federal Reserve Bank of New York Responds to Excess Reserves at Banks

Posted by NHF | Posted in Federal Reserve | Posted on 05-01-2010

1

The Federal Reserve Bank of New York released a paper about the massive amounts of excess reserves that banks are packing onto their balance sheets.  Below is the link to the PDF:

http://www.newyorkfed.org/research/current_issues/ci15-8.pdf

More info on full post…..