An F-15 Eagle from the 12th Fighter Squadron here prepares to taxi out for a real world deployment in Alaska.
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Fed auctions another $50 Billion
By: News Bites | Submitted on: 04/08/08(SGT NEWS BITE) - The Federal Reserve, still working to combat the effects of a severe credit squeeze, said Tuesday it had auctioned another $50 billion to cash-strapped banks. Meanwhile, the International Monetary Fund warned that further actions are needed globally to prevent more wrenching problems.
The Fed auction marked the ninth in a series that began in December that so far have pumped $310 billion in short-term loans into the nation's banking system.
Link to full article (opens in new window)
The Fed auction marked the ninth in a series that began in December that so far have pumped $310 billion in short-term loans into the nation's banking system.
Link to full article (opens in new window)
News Bites are short one or two paragraph excerpts of external news articles with links to the original source.
