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Fed loans $100 billion

Printing Presses Working All Weekend – Another $100 Billion for the Banks

March 28, 2008

It was alluded to all day, but at last it is confirmed.  The Fed will open the windows with another $100 billion up for grabs on April 7th, a few days after fool’s day.  And, that’s no April Fool’s joke.
The Federal Reserve announced Friday it will auction an additional $100 billion in April to cash-strapped [...]

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