WASHINGTON - Goldman Sachs, Lehman Brothers, and European banks RBS and UBS were the biggest beneficiaries of very short-term Federal Reserve loans ex...
Read Whole Story
Banks qualifying to borrow at the "Fed Window" are receiving money at virtually zero interest rates -- and they're taking advantage of it. Money is literally going from the Fed to top banking executives' pockets.
Get top stories and blog posts emailed to me each day. Newsletters may offer personalized content or advertisements. Learn more.