How does the Federal Reserves discount window serve as an alternative to deposit insurance as a lender
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Traditionally the Fed has provided a discount window facility to meet the shortterm nonpermanent liquidity needs of DIs For example suppose a DI has an unexpected deposit drain close to the end of a r...View the full answer
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Related Book For 
Financial Institutions Management A Risk Management Approach
ISBN: 978-0071051590
8th edition
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
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