Wednesday, Jun 10, 2009
How dodgy does this sound
Bloomberg: Fed Unveils Lending Details After Lawmaker Pressure
June 10 (Bloomberg) -- The Federal Reserve unveiled its most detailed picture yet of its record $1 trillion expansion of credit, as Chairman Ben S. Bernanke responds to congressional pressure for greater transparency from the central bank.
For the first time, the Fed announced details on the number of borrowers and the ratings of securities pledged as collateral for loans. The data come in a new monthly report released by the central bank today in Washington.
Posted by flintster1994 @ 09:55 PM (333 views) Add Comment
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