Page 2 - Borrowing Facility News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bookings for the third quarter are also on track, indicating a historically strong third quarter. About 57% of our spot voyage...

Decided that there is here they're going to make all thei depositors hole. that means that people who hav counts with more than $250,000 in them are going to get all their money facts. which is not what usuall happens when a bank fails. and the second thing tha they're doing is that they hav created a new facility through the fed to give banks one year or - with treasuries and -- securities so they can get cash without having to sell things and fire sale prices that we silico valley banks did last week whe we they seldom - and it ended up taking two billion dollar loss on that. third thing is ...

Happens when a bank fails. and the second thing tha they're doing is that they hav created a new facility through the fed to give banks one year or - with treasuries and -- securities so they can get cash without having to sell things and fire sale prices that we silico valley banks did last week whe we they seldom - and it ended up taking two billion dollar loss on that. third thing is that we are reminding banks that the fed discount window, which was another borrowing facility, is open so if they need cash they ca get the cash from a discount window the terms are good and they also are usin...