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Fed Window

Goldman Sachs Took Biggest Loan During Fed's Emergency Program

Posted 09.05.2011 | Business

WASHINGTON - Goldman Sachs, Lehman Brothers, and European banks RBS and UBS were the biggest beneficiaries of very short-term Federal Reserve loans ex...

Congress Must Regulate 'Fed Window' to Halt the Perverse Money Flow from the People to the Bankers

Paul Abrams | Posted 05.25.2011 | Business
Paul Abrams

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.