Bankruptcy Law News
8/27/2008 12:16:46 PM EST
Fed auctions another $75B to ease credit stresses
WASHINGTON – (AP) The Federal Reserve has auctioned another $75 billion in loans to help squeezed banks overcome their credit problems.
The central bank on Tuesday released the results of its most recent auction. It's part of an ongoing program started in December that seeks to ease financial turmoil and credit stresses. Full version (available to lexis.com subscribers)
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