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Senate Gives the Go-Ahead for Fed Lending ProbePosted on May 11, 2010
When big financial institutions got themselves into a serious pickle in the fall of 2008, the Federal Reserve was there with beaucoup bucks in loans to prop them up. On Tuesday, the Senate voted unanimously to launch an inquiry into the Fed’s lending practices during the financial crisis. Look out, Federal Reserve—Bernie Sanders is all up in your business. —KA AP via YouTube: Advertisement Previous item: Glenn Greenwald Says Kagan Is 'an Atrocious Pick' Next item: Newsweek Scribe Setoodeh Defends Gay Actor Critique New and Improved CommentsWe are launching a major overhaul of our comments section. In addition to more robust spam filtering and moderation, new features include the ability to rate other comments, sort how they are displayed and respond directly via e-mail or in a thread. Unfortunately, commenters will lose their existing Truthdig identities. It's a pain, we know, but on the plus side you will now be able to log in with a plethora of options, including Google, Twitter, Facebook and Disqus accounts. Before launching this system we spent months in discussion with our top commenters. We listened to the feedback and we hope you like what we've come up with. Please direct any problems or concerns to us via our contact page. |
By diman, May 12, 2010 at 9:02 am Link to this comment
On Tuesday, the Senate voted unanimously to launch an inquiry into the Fed’s lending practices during the financial crisis.
I hate to sound all pessimistic, but good luck with that and watch out for the Fed’s middle finger.
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