Discount Window Data Shows Global Impact Of Crisis
On the brink of financial collapse, unknown banks were bailed out by the Federal Reserve discount window. The other day the Supreme Court ruled in favor of a Freedom of Information Act request that the Fed had to expose which financial institutions borrowed from the discount window and how much was loaned. Details unveiled by the Fed Thursday shed light on how Wall Street’s meltdown spread damage around the world. Fed financial institution bailout The Fed started the discount window … Continue reading →