Fed Discloses Details of $3.3 Trillion in Crisis Loans
The Federal Reserve on Wednesday released details on $3.3 trillion in emergency loans made during the 2007-2009 financial meltdown, including who borrowed how much and what collateral they put up.
 |
|
|
The findings, published in accordance with a deadline set by a wide-ranging rewrite of U.S. financial rules enacted in July, sheds light on who benefited most from the central bank’s controversial efforts to support financial institutions and credit markets.
Read the whole story at CNBC
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
No comments yet.
Leave a comment