NewsWhore
12-14-2011, 04:10 PM
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Bernanke Tells Senators Federal Reserve Has No Plan to Aid European Banks (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHUneeSYJ5pkDcCq4nt-dRu-XQEJQ&url=http://www.bloomberg.com/news/2011-12-14/bernanke-tells-senators-federal-reserve-has-no-plan-to-aid-european-banks.html)
Bloomberg
The money comes from the Fed's currency-swap lines. The action triggered a stock and bond rally, and the following week, the European Central Bank's three-month dollar lending through the swap lines surged to $50.7 billion from $400 million. ...
and more » (http://news.google.com/news/more?ned=us&ncl=dkoj9CuQuhPQP2M)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHUneeSYJ5pkDcCq4nt-dRu-XQEJQ&url=http://www.bloomberg.com/news/2011-12-14/bernanke-tells-senators-federal-reserve-has-no-plan-to-aid-european-banks.html)
Bernanke Tells Senators Federal Reserve Has No Plan to Aid European Banks (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHUneeSYJ5pkDcCq4nt-dRu-XQEJQ&url=http://www.bloomberg.com/news/2011-12-14/bernanke-tells-senators-federal-reserve-has-no-plan-to-aid-european-banks.html)
Bloomberg
The money comes from the Fed's currency-swap lines. The action triggered a stock and bond rally, and the following week, the European Central Bank's three-month dollar lending through the swap lines surged to $50.7 billion from $400 million. ...
and more » (http://news.google.com/news/more?ned=us&ncl=dkoj9CuQuhPQP2M)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHUneeSYJ5pkDcCq4nt-dRu-XQEJQ&url=http://www.bloomberg.com/news/2011-12-14/bernanke-tells-senators-federal-reserve-has-no-plan-to-aid-european-banks.html)