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Old 03-12-2008, 07:33 AM   #1 (permalink)
nobshyip
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Default Fed Pumps More Money Into Financial Markets

Check out this interesting bit of news:The Federal Reserve on Tuesday announced yet another measure to pump more liquidity into the jittery financial markets.The program will lend up to $200 billion of Treasurys to primary dealers, a group of 20 big investment firms, for a 28-day term. The firms can put up as collateral mortgage-backed [...]

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