The Debts of the Spenders: Fend Extends Bailout Program by 50%

Although Bernanke seemed to FINALLY stop cutting rates, he's decided to expand the cash-loan bailout program. Again, Level 3 debt serves as collateral for Treasuries.


http://www.bloomberg.com/apps/news?pid=20601087&sid=aurfOTLV_OW4&refer=home