Wednesday, March 12, 2008

Feds and others give $200 billion to the Financial Markets

Federal Reserve and other central banks said they will pump $200 billion into the financial markets to help ease the strain from the credit crisis. The Feds acting in concert with the European Central Bank, Bank of Canada and the Swiss National Bank, agreed to loan banks money in exchange for debt that includes slumping mortgage backed securites

read more | digg story

No comments:

3-29-2026

  Pentagon preparing for weeks of ground operations in Iran, Washington Post reports White House App Found Tracking Users' Exact Locatio...