digg

Join DiggAbout

The Digg Crew wants to hear your thoughts!
Please take our short survey about Digg and potential feature ideas.

Unelected Fed to Pick Economy's Winners & Losers

washingtonpost.com — The Fed said today it is establishing a special fund to lend money directly to businesses so they have adequate cash to operate. Under the new program, the Fed will buy up commercial paper. That puts the Fed in the unprecedented position of, in effect, funding individual companies by buying their debt.

show profanity settings
expand all
  •  

    Login or register to add a comment

    Create a new account or login to join in the conversation on Digg. You'll also be able to Digg stories to help promote things you like.


© Digg Inc. 2008 — Content posted by Digg users is dedicated to the public domain.
DIGG, DIGG IT, DUGG, DIGG THIS, Digg graphics, logos, designs, page headers, button icons, scripts, and other service names are the trademarks of Digg Inc.