A busy week for the Fed…

Sept 19th – Fed backs money market funds

Sept 18th – Fed encourages coordinated world-wide short-term funding

Sept 16th evening – Fed opens $85 billion credit line with AIG for 80% stake in firm

Sept 16th afternoon – FOMC leaves fed funds rate unchanged at 2%

Sept 14th – Fed expands accepted collateral for the PDCF and TSLF

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