Fed’s Aid in 2008 Crisis Stretched Worldwide

http://www.nytimes.com/2014/02/24/business/feds-aid-in-2008-crisis-stretched-worldwide.html?partner=rss&emc=rss

The Federal Reserve pumped hundreds of billions of dollars to nations stretching from Switzerland to South Korea to bolster global banks when dollars were scarce, newly released transcripts of 2008 Fed policy committee meetings reveal.

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