Still Barbaro
1st December 2010, 10:51 PM
From bad to worse.
-----
Fed made $9 trillion in emergency overnight loans
http://chart_fed_loans.top.jpgTop recipients of overnight loans made by the Federal Reserve under special program that ran from March 2008 through May 2009. By Chris Isidore, senior writerDecember 1, 2010
NEW YORK (CNNMoney.com) -- The Federal Reserve made $9 trillion in overnight loans to major banks and Wall Street firms during the financial crisis, according to newly revealed data released Wednesday.
The loans were made through a special loan program set up by the Fed in the wake of the Bear Stearns collapse in March 2008 to keep the nation's bond markets trading normally.
Entire: http://money.cnn.com/2010/12/01/news/economy/fed_reserve_data_release/index.htm
-----
Fed made $9 trillion in emergency overnight loans
http://chart_fed_loans.top.jpgTop recipients of overnight loans made by the Federal Reserve under special program that ran from March 2008 through May 2009. By Chris Isidore, senior writerDecember 1, 2010
NEW YORK (CNNMoney.com) -- The Federal Reserve made $9 trillion in overnight loans to major banks and Wall Street firms during the financial crisis, according to newly revealed data released Wednesday.
The loans were made through a special loan program set up by the Fed in the wake of the Bear Stearns collapse in March 2008 to keep the nation's bond markets trading normally.
Entire: http://money.cnn.com/2010/12/01/news/economy/fed_reserve_data_release/index.htm