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[personal profile] birdwatcher
March 14 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke invoked a law last used four decades ago to keep Bear Stearns Cos. from collapsing after the securities firm sought emergency funding from the central bank.

Bernanke took advantage of little-used parts of Fed law, added in the 1930s and last utilized in the 1960s, that allows it to lend to corporations and private partnerships with a special board vote.

Про Рузвельта можно сказать много плохого, но ведь это именно во время его правления на каждом шоссе были установлены удобные ворота, которые делают Америку Америкой.
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