Bernanke Fed Knew Not Saving Lehman In 2008 Was A Bet It Might Lose

The Federal Reserve releases the transcripts of its monetary policy meetings on a five-year lag, and the batch that came out Friday was a doozy. Chronicling 2008, a year marked by the worst financial crisis since the Great Crash of 1929, the documents show a Fed grappling with just how much support to provide an ailing banking system and whether its aid would be taken for granted by the market.

Topics:  federal reserve   chronicling   great crash   fed   

 

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