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The Fed Opens The Banking Window A Tad For Companies, Loosening The Newspaper Noose Just A Little
Philip M. Stone October 8, 2008
For the past couple of weeks ftm has urged US government financial help for newspapers that can’t get working capital loans because of the credit crunch, so it’s good news that the Fed decided Tuesday that it was opening up its bank window to companies that can’t get their normal credit lines through normal banking sources, primarily because nothing is normal any more right now in the banking world.

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