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Senator: Why Fed Aid To Foreign Automakers?

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WASHINGTON -- Sen. Bernie Sanders of Vermont wants to know why the Federal Reserve spent billions of dollars helping foreign-based automakers during the financial crisis two years ago.

Last week, the Fed released pages and pages of records on its activities during late 2008 and 2009 as the crisis in financial markets gathered steam and credit was frozen.

Read the whole story at Free Press

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Senator: Why Fed aid to foreign automakers?

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