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New York Fed probes Wall Street exposure to BP

News Link • Federal Reserve

New York Fed probes Wall Street exposure to BP

06-28-2010 • Reuters (video)

The Federal Reserve Bank of New York has been probing major financial firms' exposure to BP Plc to ensure that if the oil giant buckles under the costs of the Gulf oil spill, it won't put Wall Street or the global financial system at risk, according to two sources familiar with the matter.

Read Full Story

Reported by Powell Gammill

•

Additional related items you might find interesting:

News Link • Federal Reserve
Bernanke signals Fed to maintain stimulus efforts
05-22-2013 • AP

News Link • Federal Reserve
Washington Signals Dollar Deep Concerns
05-21-2013 • http://www.thedailybell.com, By Paul Craig Roberts

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The Greatest Lie the Fed Ever Told
05-07-2013 • http://www.thedailybell.com, By Bill Bonner

Tags: federal, reserve, probing, financial, exposure, ensure, buckles, street, global, financial, system, according

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