Brown Says Fed Window Helped Stabilize Banks Amid Crisis
April 1 (Bloomberg) — Thomas Brown, chief executive officer at Second Curve Capital LLC and a Bloomberg Television contributing editor, discusses the Federal Reserve’s discount window lending to banks at the height of the financial crisis. The central bank released about 29000 pages of secret loan documents yesterday under court order, almost three years after Bloomberg LP first requested details. Brown speaks with Betty Liu on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)