Friday, May 30, 2008

Open your wallet for the FED - gas is cheap by comparison

Jesse's Café Américain:

Kohn Signals Wall Street May Get Permanent Access to Fed Loans


"By Scott Lanman and Anthony Massucci May 30 (Bloomberg)
Federal Reserve Board Vice Chairman Donald Kohn raised the possibility of giving Wall Street securities firms permanent access to loans from the central bank, as long as regulators tighten oversight of the companies...."

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