Fed loaned hundreds of billions to foreign banks and companies

``Goldman Sachs Group Inc. and Morgan Stanley borrowed directly from the Fed 84 and 212 times, respectively, after the collapse of Lehman Brothers in September 2008. Goldman's overnight loans peaked at $18 billion in mid-October. Morgan Stanley borrowed more, as its chief executive, John Mack, was complaining that the bank was target of speculators betting it would fail. In its most troubled days in late September 2008, Morgan and its London arm borrowed nearly $60 billion.''