US Economic Outlook from the Financial Times 02.19.08 - Page 9 - Mercedes-Benz Forum

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post #81 of 83 (permalink) Old 06-03-2008, 09:22 AM
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Fed auctions $75 billion to banks to ease credit stresses
Tuesday May 6, 1:27 pm ET
By Jeannine Aversa, AP Economics Writer
Fed auctions $75 billion to banks to ease credit woes, total is $435 billion since December

WASHINGTON (AP) -- Battling to relieve stressed credit markets, the Federal Reserve said Tuesday it has provided a total of $435 billion in short-term loans to squeezed banks since December to help them overcome credit problems.

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Fed auctions $75 billion to banks to ease credit stresses: Financial News - Yahoo! Finance
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post #82 of 83 (permalink) Old 06-03-2008, 12:07 PM
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^^^^ Didn't know the cesspool gets news one month delayed.
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post #83 of 83 (permalink) Old 06-03-2008, 12:31 PM Thread Starter
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Blame it on Drudge. It was bannered there today.


Being smart is knowing the difference, in a sticky situation between a well delivered anecdote and a well delivered antidote - bear.
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