"Look not to the politicians; look to yourselves." ~ Richard Cobden
Fed Lends $59.8 Billion to Securities Firms, $28 Billion to AIG
Submitted by Christopher Lempa on Thu, 2008-09-18 16:00
in
?The Federal Reserve lent a record $59.8 billion to securities firms and $28 billion to American International Group Inc. as of yesterday, while daily borrowing by commercial banks increased in the past week to a fourth straight high.?
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