Trimming The Fed Borrowings
Posted on May 15, 2009 at 10:24 AM EDT
Highlights include Citigroup Inc. (C), Bank of America Corp. (BAC), Wells Fargo & Co. (WFC), JPMorgan Chase & Co. (JPM), Fannie Mae (FNM), Freddie Mac (FRE) and American International Group Inc. (AIG). Over the past week, financial institutions trimmed their borrowings from the Federal Reserve's emergency lending program. The program was started as a result of investors shifted into safer [More...]
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