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New York Federal Reserve Gave Wall Street Over $420 Billion in the Past 7 Months (truthout.org)
submitted 9 months ago by [B] to c/lefty_news@ibbit.at
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The Federal Reserve has quietly delivered nearly half a trillion dollars to Wall Street with few strings attached over the past few months through an obscure government financial program intended for banks struggling to make cash payments. These cash infusions could signal instability in the broader financial sector — and come as the central bank is besieged by potentially market-rattling…

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[–] 2 points 9 months ago*

So, just a guess here, but is the Fed not announcing it so as to not panic investors, which would immediately tank the stock market?

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