Monday, November 24, 2008

Fed Pledges Top $7.4 Trillion

http://bloomberg.com/apps/news?pid=20601109&sid=arEE1iClqDrk&refer=home

Nov. 24 (Bloomberg) -- The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the credit markets seized up 15 months ago.
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