The Traderszone Network

Published in TZ Latest News 18 January, 2016 by The TZ Newswire Staff

The Fed Responds To Zero Hedge: Here Are Some Follow Up Questions

Over the weekend, we gave the Dallas Fed a chance to respond to a Zero Hedge story corroborated by at least two independent sources, in which we reported that Federal Reserve members had met with bank lenders with extensive exposure to the US oil and gas sector and, after parsing through the complete bank books, had advised banks to i) not urge creditor counterparties into default, ii) urge asset sales instead, and iii) ultimately suspend mark to market

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