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Is there a list of banks given federal funds to prevent them from going into bankruptcy?
This article in the NY Times 6.24.09 gives a list of lenders who received bailout money. http://projects.nytimes.com/creditcrisis/recipients/table Several of the banks returned the money. As of 2.28.10, most of the funds were repaid to the federal government with interest.
The list of US banks that were bailed out is extensive, you start out with Bank of America, Chase, Goldman Sachs and continue down to small, local banks, some with no more than one branch. CNN has compiled a list of these banks and has denoted which ones have paid back their loans. Here's the link: http://money.cnn.com/news/specials/storysupplement/bankbailout/
What else can I help you with?
Where can banks in need of reserves borrow funds from, either from the Federal Reserve or in the federal funds market?
Banks in need of reserves can borrow funds from either the Federal Reserve or in the federal funds market.
What is the relationship between the federal funds rate falling and the increase in the money supply?
When the federal funds rate falls, it becomes cheaper for banks to borrow money from the Federal Reserve. This leads to an increase in the money supply as banks have more funds to lend out to businesses and individuals.
What action affected the second bank of the US after Jackson?
Jackson removed the bank's federal funds and placed them in state banks.
How do you change federal funds rate?
The federal funds rate is the interest rate banks charge on loans in the federal funds market. The federal funds rate is not set administratively by the Fed. Instead, the rate is determined by the supply of reserves relative to the demand for them.
What is the difference between federal funds rate and the discount rate?
The Federal Funds rate abbriviated as Fed Funds is the overnight loan rate between banks. The Discount Window is the Federal Reseve Bank of New York's overnight interst rate charged to banks from the Federal Reserve, called the discount window rate.
What is the interest rate that the Federal Reserve charges member banks to borrow money?
The interest rate that the Federal Reserve charges member banks to borrow money is called the federal funds rate.
What is The market for overnight loans between commercial banks known as?
The federal funds market
What do Federal reserved do?
Everything. They control the flow of money in the economy of the United States. They also control in the discount rate on federal funds. That rate indirectly affects the federal funds rate, which is the rate at which the banks can get money themselves. So that rate indirectly affects the interest rate that banks have on loans.
How is federal reserve system affiliated with banks?
Actually the federal reserve system is not affiliated with any banks. The banks are affiliated to the federal reserve. The Federal Reserve is the central bank of the United States of America and it supervises/oversees the banking operations of all banks in USA. They are responsible for the proper functioning of all the banks and they are also the lender to the banks (The place where banks go to borrow money if they are short of funds)
The interest rate banks charge each other on overnight loans?
Federal Funds Rate
Wildcat speculation before the panic of 1837 was the result of the?
deposit of federal funds in pet banks
Who transfers funds between banks involved in the credit card sales?
The Federal Reserve Bank
