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Shahien Nasiripour

Federal Reserve Lent To Gaddafi-Owned Bank

HuffingtonPost.com | Shahien Nasiripour | Posted 05.31.2011 | Business

At a time when credit markets shunned even the most worthy borrowers, foreign banks, including one partly-owned by Muammar Gaddafi's Libya, fled to th...

Big Banks vs. American Businesses: "Section 716" Forces Congress to Choose

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

The debate over derivatives has become a proxy fight that pits American businesses -- the engines of economic growth -- against the megabank lenders who have been using publicly provided discounts to make out like bandits.

Fed Raises Discount Rate:

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The Federal Reserve decided Thursday to boost the rate banks pay for emergency loans. The action is part of a broader move to pull ...