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Secret Fed Loans Gave Banks Undisclosed $13B

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SECRET FED LOANS
File photo dated August 9, 2011 shows the U.S. Federal Reserve building in Washington, DC. (KAREN BLEIER/AFP/Getty Images) | Getty File

The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.

Read the whole story at Bloomberg