In the case of Lehman Brothers, deposits were used as Tobashi systems to temporarily mask significant losses due to intentional semi-finished trades during the reference period. This misuse of deposits resembles Goldman Sachs` swaps in the “Greek debt mask”, used as the Tobashi regime to legally circumvent the Deficit Rules of the Maastricht Treaty for active members of the European Union, and which allowed Greece to “hide” more than 2.3 billion euros of debt.  Although the transaction is similar to a loan and its economic effect is similar to a loan, the terminology is different from that of the loans: the seller legally buys the securities back from the buyer at the end of the loan period. However, an essential aspect of rest is that they are legally recognized as a single transaction (important in the event of a counterparty`s insolvency) and not as a transfer and redemption for tax purposes. By structuring the transaction as a sale, a repot provides lenders with significant protection against the normal functioning of U.S. bankruptcy laws, such as. B automatic suspension and prevention of provisions. www.bloomberg.com/news/articles/2018-09-11/decade-after-repos-hastened-lehman-s-fall-the-coast-isn-t-clear In 2007-08, a rush to the responsuing market, where investment bank financing was either unavailable or at very high interest rates, was a key element of the subprime mortgage crisis that led to the Great Recession.  In September 2019, the U.S.
Federal Reserve intervened in the role of the investor in providing funds in the pension markets, when overnight interest rates increased due to a number of technical factors that limited the supply of available resources.    The main difference between a maturity and an open pension is between the sale and repurchase of the securities. As a result, pension and pension agreements are called secured loans, because a group of securities – usually U.S. government bonds – insures the short-term credit contract (as collateral). Thus, in financial statements and balance sheets, repurchase agreements are generally recorded as credits in the debt or deficit column. The New York Fed only makes deposits with primary merchants. These are major New York banks that agree to participate in the Fed`s day-to-day transactions. In this way, the banks` reserves are well written. This gives banks more money for loans and thus reduces interest rates.