US Fed releases $200bn as credit crisis hits new depths

Discussion in 'Economics' started by Mr Pain, Mar 8, 2008.

  1. Mr Pain

    Mr Pain

    Quite a story at the Times

    "The global credit crisis plunged to new depths yesterday as persistent fears over the collapse of a large financial institution caused funding markets to dry up and forced the US Federal Reserve to make available up to $200 billion (£99.3 billion) of emergency financing."

    Far more there