Bailouts, Financial System | featured news

Fed struggles to spur slowest recovery in memory

Economic Recovery

They’ve tried dumping $2 trillion in cash into the financial system, slashed overnight interest rates to zero and made an unprecedented promise to keep rates low for at least another two years.

 

Panel Raises Concerns Over ‘Government Guarantee’ for Citigroup

Members of a government committee questioned whether the support that Citigroup received could pose future risks for the financial system.

 

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