As Zero Hedge demonstrated last week, comprising the list of international banks rescued by the Fed's Commercial Paper Funding Facility were at least 35 foreign financial corporations. Among these, Barclays was near the very top in terms of capital funded from US taxpayers to preserve the bank's solvency. Which is why we were not at all surprised to read that Barclays' chief rates strategist Joseph Abate had a very sour view of the Fed's release of CPFF details "ironically, the same legislation that forced to [sic] the Fed to disgorge details about these 21,000 transactions makes it much harder for the Fed to recreate these facilities by limiting its ability to use the "exigent circumstances" clause of the Federal Reserve Act." ...