Tag Archives: Exchange Stabilization Fund (ESF)

When We Fought the Law, and the Law…Went Quietly, by Philip Wallach

by Guest Blogger — Monday, June 8, 2015

I am afraid that my defense of the law’s importance as a constraint in the case of Lehman Brothers, as against Peter’s charge that the Fed’s choice in that matter should be understood solely as a matter of internal institutional discretion, will give readers the misimpression that To the Edge is filled with examples of […]