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Fed Closes Emergency Programs for Money Markets, Bond Dealers

Feb. 4 (Bloomberg) -- The Federal Reserve shut down some of the emergency liquidity programs that were launched to stem the credit crisis sparked by the collapse of the U.S. mortgage market in 2007. The programs, including aid for money markets, bond dealers and foreign central banks, ended as scheduled this week, according to data released today by the Fed.

http://libertypulse.com/article/4085



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