Frozen Credit Markets Show Signs of Thawing
Read the full article: http://Blog.QualityStocks.net/?p=12972
Everyone is joining aboard to solve this world credit crisis. The U.S. government along with several international governments planned a series of global, coordinated steps to shore up investor confidence and encourage banks to start lending to each other both domestically and abroad. The Federal Reserve announced it would provide unlimited dollars, on a short-term basis, to the Bank of England, the European Central Bank and the Swiss National Bank. On Tuesday, the Bank of Japan joined the program.
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