Thursday, December 13, 2007

Fed, ECB, Central Banks Work to Ease Credit Crunch!

The Fed, European Central Bk and three other central banks moved in concert... in the biggest act of international economic cooperation since the Sept. 11 terrorist attacks. The Fed said in a statement it will make up to $24 billion available to the ECB..." The U.S. central bk said it's considering setting up a permanent arrangement (!) Ron Paul?

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