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View Full Version : Fed to buy massive amounts of short-term debt (AP)


Yahoo! Finance
10-07-2008, 10:40 AM
<b>Yahoo! Finance: Mutual Fund News</b>

The Federal Reserve announced Tuesday a radical plan to buy massive amounts of short-term debt in a dramatic effort to break through a credit clog that is imperiling the economy.

complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/081007/financial_meltdown.html?.v=18)