Investment houses borrow billions from Fed's emergency lending program (Deseret Morning News)
Story date: 2008-03-23 11:14:47
Added on: 2008-03-23 23:25:02
Big Wall Street investment companies are taking advantage of the Federal Reserve's unprecedented offer to secure emergency loans, the central bank reported Thursday.
Read more...
Related Stories:
-
One in 4 bills poses a conflict (Deseret Morning News)
One of every four bills introduced in the current Legislature creates an apparent conflict of interest for sponsors, a Deseret Morning News...
2008-02-10 12:04:30 -
Investment banks cut back on emergency Fed loans - Boston Globe
WASHINGTON - Wall Street investment companies are reducing their borrowing from the Federal Reserve's emergency lending program. The Federal Reserve said in...
2008-05-22 09:03:00 -
Citi halfway done cutting 6,500 in its investment banking unit (Deseret Morning News)
Citigroup Inc. is about half-way through cutting 10 percent of the 65,000 employees in its investment banking unit, a person familiar with...
2008-06-23 10:51:58 -
No clear predictions how hedge funds will do in '08 (Deseret Morning News)
Even a "go anywhere" investment can go down. Many of those freewheeling investment partnerships known as hedge funds, which logged an average...
2008-02-09 11:32:20 -
Minooka steps up for food, shelter program (Morris Daily Herald)
MINOOKA - Grundy County Emergency Food and Shelter Program lost $29,000 in funds from United States Federal Emergency Management Agency....
2008-03-29 01:04:19 -
Investment Firms Borrowing At Steady Pace (The Memphis Daily News)
WASHINGTON (AP) – Wall Street investment companies are borrowing from the Federal Reserve’s emergency lending program at a steady pace.The Federal Res.......
2008-05-18 10:03:47 -
Emergency Shelter Seeks Emergency Funding (The Signal)
Family Assistance Program needs immediate donations to get through the winter season....
2008-02-08 05:41:33 -
Investment firms steady Fed borrowing - CNN Money
WASHINGTON (AP) -- Wall Street companies borrowed from the Federal Reserve's emergency lending program at a fairly steady pace, while banks scaled...
2008-06-12 02:40:00