This entry was posted on Wednesday, January 25th, 2012 at 10:26 pm and is filed under ECB, Fed.
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6 Responses to “The Fed Is Misleading Congress About Europe – US Business News Blog – CNBC”
Not too long ago I heard about some $29 trillion the fed loaned over three years to bail out various banks and other institutions. How much are these swap lines worth? It seems the fed just figures it needs not worry about small things like disclosure when they know for sure it will all be paid in the end anyway. How can I get a ten million dollar loan at say half percent interest per year for the next two years or so?