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Non-Tech : Money Supply & The Federal Reserve

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To: UnBelievable who wrote (15)8/11/2002 1:44:45 AM
From: rr_burns   of 1379
 
I was reading over the full page G&M advert by "torys" about the SEC reporting changes coming out and the corresponding lead article in the same biz section on fundamental accounting changes for SPE's (special purpose enterprises of the enron "off the main books" debt flavour).

My, somewhat tongue in cheek, question for this forum:

Does the federal reserve qualify as a special purpose enterprise in the sense meant? for JPM et.al.?

Or perhaps, for the Fed, JPM is an spe?

Here is a link to the spe article
globeandmail.com

The torys "ad" as a whitepaper is here:
torys.com

..rr
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