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Re: HD168 post# 11265

Wednesday, 09/18/2013 6:56:55 AM

Wednesday, September 18, 2013 6:56:55 AM

Post# of 37920
2 Bloomberg excerpts - Topic - Quantitative Easing :
Thanks for your posts HD
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America’s companies, from Apple Inc. (AAPL) to Verizon Communications Inc., are saving about $700 billion in interest payments with the Federal Reserve’s unprecedented stimulus.
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When Fed Chairman Ben S. Bernanke started to pump cash directly into the financial system in December 2008 by purchasing bonds in a policy known as quantitative easing, unemployment was the highest in 26 years and companies rated below Baa3 at Moody’s and less than BBB- by Standard & Poor’s faced $1.2 trillion of debt maturing through 2015. That’s been cut to about $115.8 billion, according to Barclays Plc.

http://www.bloomberg.com/news/2013-09-17/bernanke-saves-companies-700-billion-as-apple-to-verizon-borrow.html

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