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Home Front Economy |
Fed steps up in global scramble to stem crisis |
2008-10-08 |
The Federal Reserve stepped forward as a commercial lender of last resort and signaled a readiness to cut interest rates as governments around the world scrambled to stem the global financial crisis and calls arose for concerted action. |
Posted by:Fred |
#1 TOPIX > WALL STREET CRISIS: THE ERA OF CHEAP BANK LOANS IS OVER. The end of Liberal Capitalism = super-convenient Lending-Investments. PERSONAL, LEGAL AND INSTITUTIONAL CREDIBILITY, ACCOUNTABILITY COMING BACK WID A VENGEANCE. D *** NG IT, CAN "EASY MONEY" SURVIVE IN 'CUZIN PARIS HILTON'S TOTALLY HOT, "GIVE ME PENCILS OR GIVE ME DEATH" OWG AMERIKA!? [Theme from DRAGNET = WELCOME BACK, KOTTER? here]. |
Posted by: JosephMendiola 2008-10-08 00:32 |