“At the end of the day it’s banks jobs to make sure they’re funding themselves appropriately to meet their needs. So then when banks found that they were short of liquidity they said ‘oh my gosh, where’s the Fed to run and comfort us.’
“There’s something called the discount window that the Fed provides backstop funding to banks. It’s there. It’s available to be used. Banks don’t like to use it because they fear it might make them look a little bit weak.”
~ Neel Kashkari, President, Federal Reserve Bank of Minneapolis - October 10, 2019
https://wallstreetonparade.com/2020/05/fed-report-shows-magical-thinking-on-safety-of-wall-streets-banks/
“In November 2019... the FBI was looking into 180 possible cases of intellectual property theft by China-connected researchers.”
“The phenomenon seems... to be hitting every discipline in biomedical research...”
~ Dr. Michael Lauer, Deputy Director for Extramural Research, NIH
#china#chicoms#communists#notYOURFRIEND
🇨🇳
“In November 2019... the FBI was looking into 180 possible cases of intellectual property theft by China-connected researchers.”
“The phenomenon seems... to be hitting every discipline in biomedical research...”
~ Dr. Michael Lauer, Deputy Director for Extramural Research, NIH
#china#chicoms#communists#notYOURFRIEND
🇨🇳
