Fed offers lifeline for spurned debt: new tack on bonds tied to mortgages sends Dow up 3.6%

Article Abstract:

In an effort to reactivate financial markets, the Federal Reserve Board announces it will lend $200 billion to stock-trading companies with mortgage-backed securities as collateral. Article discusses the immediate and future effects on stock prices, stock trading, and capital markets.

Stock price indexes, Mortgage-backed securities, Mortgage backed securities

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Central Bank offers loans to brokers, cuts key rate: historic steps

Article Abstract:

In an effort to reactivate ailing capital markets and avert recession, the U.S. Federal Reserve Board announces it will offer loans to securities firms at reduced interest rates and extended terms. Article discusses the possible effects and risks of the Federal Reserve's policy.

Administration of Human Resource Programs, Public Assistance-Total Govt, Powers and duties, Domestic economic assistance

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