Bank Bail Out Planned
Posted on July 8th, 2008 by Pamela Leavey
Financial Times reports that the Feds are ready to bail out the big banks:
Large US investment banks will be able to access emergency cash from the Federal Reserve into next year if market turmoil persists, Ben Bernanke said on Tuesday in a sign of the growing concern among policymakers that financial strains could continue for [...]
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