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bob3

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bob3

Re: None

Tuesday, 07/01/2008 10:07:46 AM

Tuesday, July 01, 2008 10:07:46 AM

Post# of 76351
Fed auctions $75 billion to ease credit stresses
Tuesday July 1, 10:02 am ET
By Jeannine Aversa, AP Economics Writer
Fed auctions another $75 billion to ease credit stresses, more loans on tap this month


WASHINGTON (AP) -- The Federal Reserve has auctioned another $75 billion in loans to squeezed banks to help them overcome credit problems and announced it will provide a fresh batch of the loans this month.

http://biz.yahoo.com/ap/080701/fed_credit_crisis.html?.v=4
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