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Thursday, July 7, 2011

Fed Unveils More Details of Crisis Loans

http://online.wsj.com/article/SB10001424052702303365804576429853551564110.html?mod=WSJ_newsreel_business

In 2008, the Fed used additional tools (in addition to the 3 that we learned about) to deal with the economic crisis. We heard Bernanke talk about the bailouts of AIG, etc., and now they are revealing more details about loans to other financial companies.

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