Lurker here, found this Doc from 2009 dealing with Loop Capital being tapped to be one of the Non-Primary Dealers for the TALF program by the FRB of New York
www. newyorkfed.org/newsevents/news/markets/2009/an090901.html
And an essay written by someone on Wall Street who was upset about the sweet deal Loop recieved from the Obama administration.
getliberty.org/files/TALFBackgrounder.pdf
TALF was the sub-program under TARP that absorbed all the bad MBS debt from the system due to the collapse of Lehman Brothers/ Bear Stearns and AIG all back stopped by new money created by TARP. Lots of questions around where the money went and how these dealers where paid. We are talking billions here.
More digging needed. Does Loop tie into IMF and BIS if so how, I've hit a road block and need help.