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Home : Billion Dollar Loan : 25 Billion Dollar Loan : MSN Newsfeeds : Fed keeps banks afloat as money market crisis deepens - Guardian Unlimited

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Fed keeps banks afloat as money market crisis deepens - Guardian Unlimited

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NEW YORK/LONDON, Sept 25 (Reuters) - U.S. banks and money managers borrowed a record amount from the Federal Reserve in the latest week, nearly $188 billion a day on average, showing the central bank went to extremes to keep the banking system afloat ...

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