Tuesday, March 18, 2008

Sub-prime collapse 'beyond the US Federal Reserve'

US Federal Reserve 'lacking funds to help crisis' - Losses yet to come 'easily exceed remaining $400bn' - Not going to be able to deal with situation on own.FEARS are growing that the US Federal Reserve may soon find itself short of the funds needed to continue propping up the nation's financial system.

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6-2-2026

Quote of the day by Oracle co-founder Larry Ellison: "Citizens will be on their best behavior, because we’re constantly recording and r...