Friday, April 1, 2011

Foreign Banks Tapped Fed’s Secret Lifeline Most at Crisis Peak - Bloomberg

Foreign Banks Tapped Fed’s Secret Lifeline Most at Crisis Peak - Bloomberg: "U.S. Federal Reserve Chairman Ben S. Bernanke’s two-year fight to shield crisis-squeezed banks from the stigma of revealing their public loans protected a lender to local governments in Belgium, a Japanese fishing-cooperative financier and a company part-owned by the Central Bank of Libya."

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