Relevant:
- Fed auctions another $25 billion in loans to banks
- Fed auctions another $25 billion in loans to banks
- China has become main banker in Latin America
- Payment Shock Concerns Grow as Billions in Interest Only Loans Face Recast Date
- PNC, Regions Break $3.1 Billion Logjam as Bidders Line Up to Buy Bad Loans
2008-04-23 — blownmortgage.com
''The Federal Reserve is at it again, pumping another $50 billion in short-term loans in to the financial system to prevent a freeze up. That brings the total to a cool $360 billion since the auctions started in December. 83 bidders were represented looking for a slice of the loans which were granted at 2.87% interest.''
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