Friday, December 10, 2010
Cheat Sheet: Where the Fed's Trillions Went | TPM LiveWire: "Foreign banks were also big borrowers under several of the Fed's lending programs. UK bank Barclays, Bloomberg reported, took out the single biggest overnight loan -- $48 billion -- from a program for financial firms pre-approved to trade directly with the Federal Reserve. Under another program, Swiss bank UBS took out close to $75 billion overall -- more than any other bank in that program."
at 11:27 PM