Collateral Systems News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The most fundamental of the Federal Reserve System’s many responsibilities is that of serving as the U.S. financial markets’ ultimate source of liquidity. Federal Reserve notes, along with account balances held by private depository institutions at the various Fed banks, are the U.S. economy’s final means of payment, and hence its most liquid assets, the scarcity of which is a crucial determinant of the scarcity of other liquid assets.

No serious damage to the reactors. that's the good news. the good news might stop there. still, the threat to these plants is immense. what do you see? >> yeah, i think you're absolutely right. there's no evidence of reactor core damage up to the moment. but the issue is there's so many collateral systems, if you like, that are much more exposed. for example, backup power generation would be absolutely essential if the grid electricity were cut off. you have the fuel supply for that. so these systems are much less hardened. and as the chaos and as the troops are coming in, those are the system...