Greybeard

The SEC's 'Sacred Cow' List: Where Are WaMu and Wachovia?

Good point, Gosailing.
The Fed's Primary Dealers list has all on the 'sacred cow' SEC list except for Allianz SE and Royal Bank and Fannie Mae/Freddie Mac. The SEC's seemingly arbitrary list may have much more with keeping open the Fed's ability to trade volumes US securities. Thereby securing the Fed's ability to execute their monetary policy (right or wrong).
www.newyorkfed.org/abo...