Make a Comment • Email Link • Send Letter to Editor IPFS News Link • Federal Reserve Federal Reserve starts buying up failing businesses 3-17-2008 • Daily Telegram The Federal Reserve has taken its "boldest" action since the 1930s, accepting $200bn of worthless housing debt as collateral to bail out Wall Street's mortgage industry loan sharks. The Fed has "legally" circumvented a ban on Watch Streaming Broadcast Live: LRN.fm Watch live shows and archives TV Live Chat Telegram Share this page with your friends on your favorite social network: