This page simply reformats the Flickr public Atom feed for purposes of finding inspiration through random exploration. These images are not being copied or stored in any way by this website, nor are any links to them or any metadata about them. All images are © their owners unless otherwise specified.
This site is a busybee project and is supported by the generosity of viewers like you.
Submitted by Kevin Muir of The Macro Tourist
Way back in August of 2013, two FRBNY staffers wrote a paper titled, “The Pre-FOMC Announcement Drift”. It was a great paper by David Lucca and Emanuel Moench which highlighted the tendency for the S&P 500 to rise in the period right before FOM...
censored.today/2018/09/25/is-the-fomc-drift-finally-dead/
This image is excerpted from a U.S. GAO report:
www.gao.gov/products/GAO-15-813
TROUBLED ASSET RELIEF PROGRAM: Status of GAO Recommendations
Note: We categorized program-specific communication and staffing recommendations under the appropriate programs.
The Federal Reserve Bank of New York is the largest, in terms of assets of the twelve regional banks. Responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico and the Virgin Islands as well as conducting open market operations -- the buying and selling of outstanding U.S. Treasury securities. In 2003, Fedwire, the Federal Reserve's system for transferring balances between it and other banks, transferred $1.8 trillion a day in funds, of which about $1.1 trillion originated in the Second District. It transferred an additional $1.3 trillion a day in securities, of which $1.2 trillion originated in the Second District. The New York Fed is also responsible for carrying out exchange rate policy by buying and selling dollars at the direction of the Federal Reserve's Board of Governors. The New York Federal Reserve is the only regional bank with a permanent vote on the Federal Open Market Committee and its president is traditionally selected as the Committee's vice chairman.
The Federal Reserve Bank of New York maintains an underground vault in Manhattan. It is reputedly the largest gold repository in the world (though this cannot be confirmed as Swiss Banks do not report their gold stocks). In The US The FRBNY's stocks are larger even than Fort Knox, it is 80 feet (25 m) beneath the street and holds approx 5,000 tonnes of gold bullion ($90 billion worth at 2006 prices). The gold is owned by many foreign nations, central banks and official international organizations. The Federal Reserve Bank does not own the gold but serves as guardian of the precious metal, which it protects at no charge as a gesture of good will to other nations.
The massive rusticated walls of the Federal Reserve Bank, constructed of stone in two colors, symbolize the strength of the Federal Reserve system and the impregnability of this building. The Florentine palazza form was chosen by York & Sawyer for its association with the Medicis and other leading Renaissance families whose fortunes were made, in part, from banking.
The Federal Reserve Bank was designated a landmark by the New York City Landmarks Preservation Commission in 1965.
This image is excerpted from a U.S. GAO report:
www.gao.gov/products/GAO-15-197
TROUBLED ASSET RELIEF PROGRAM: Treasury Continues to Wind down Most Programs, but Housing Programs Remain Active
This image is excerpted from a U.S. GAO report:
www.gao.gov/products/GAO-15-197
TROUBLED ASSET RELIEF PROGRAM: Treasury Continues to Wind down Most Programs, but Housing Programs Remain Active
a) End date is the date on which the program stopped acquiring new assets and no longer received funding.
b) The total amount of repayments includes $363 million from institutions that transferred to the Community Development Capital Initiative and $2.2 billion from institutions that transferred to the Small Business Lending Fund.
York & Sawyer, 1919-1924. One of twelve regional Federal Reserve Banks, and the biggest repository of gold in the world.
I say a little more about this building on my New York City landmarks blog, The Masterpiece Next Door.
National Register Numbers
Federal Reserve Bank of New York: 80002688
Wall Street Historic District: 07000063
York & Sawyer, 1919-1924. One of twelve regional Federal Reserve Banks, and the biggest repository of gold in the world.
I say a little more about this building on my New York City landmarks blog, The Masterpiece Next Door.
National Register Numbers
Federal Reserve Bank of New York: 80002688
Wall Street Historic District: 07000063
From left to right:
33 Maiden Lane
Philip Johnson and John Burgee, 1984-1986. An office tower clearly designed to handsomely complement...
The Federal Reserve Bank of New York
York & Sawyer, 1919-1924. One of twelve regional Federal Reserve Banks, and the biggest repository of gold in the world.
The Liberty Tower
Henry Ives Cobb, 1913. A pioneering historicist skyscrapers, goin' crazy with the GOTH and the terra-cotta a few years before the Woolworth would do the same in an even more dramatic fashion.
I say a little more about the Liberty Tower and The Federal Reserve Bank of New York on my New York City landmarks blog, The Masterpiece Next Door.
National Register Numbers
Federal Reserve Bank of New York: 80002688
Liberty Tower: 83001734
Wall Street Historic District: 07000063
York & Sawyer, 1919-1924. One of twelve regional Federal Reserve Banks, and the biggest repository of gold in the world.
I say a little more about this building on my New York City landmarks blog, The Masterpiece Next Door.
National Register Numbers
Federal Reserve Bank of New York: 80002688
Wall Street Historic District: 07000063
Approximately 2.2 pounds of approximately 1,000 shredded US notes, pressed into a brick and shrink-wrapped. This is recycling at its finest!
