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Fed to start buying commercial paper

ft.com — Ben Bernanke opened the door to further US interest rate cuts on a day that saw the Federal Reserve moving to bypass banks and lend directly to US companies in an unprecedented attempt to unfreeze the money markets

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  • paulotto2007, on 10/07/2008, -0/+3Food shortages, hyperinflation, more secret police, and socialist decay... welcome to the USSR of A.
  • LeepII, on 10/07/2008, -0/+1And it is just a coincidence that the EXACT same thing happened in Argentina in 2001, really folks it is. Not like anyone PLANNED to steal from American's.

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