"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Fed Lends $59.8 Billion to Securities Firms, $28 Billion to AIG
?The Federal Reserve lent a record $59.8 billion to securities firms and $28 billion to American International Group Inc. as of yesterday, while daily borrowing by commercial banks increased in the past week to a fourth straight high.?
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