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Central Bank Liquidity Swaps

Bernanke to Congress: I Don't Know to Whom We Gave Half a Trillion Dollars

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

The Fed and its chairman have made many errors in judgment, not the least their overly-optimistic pronouncements when the first tremors from the sub-prime meltdown arose.

Ryan Grim

U.S. Injecting Billions Into Foreign Central Banks

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

For more than a year, the U.S. Federal Reserve System has been increasingly acting as the world's central bank, injecting hundreds of billions of doll...