The deed is done, and the world is a better place. At least the stock market is higher.
The Federal Reserve, pursuant to a provision of the Dodd-Frank legislation on financial regulation, released details on its website yesterday in lending that took place between December 1, 2007, and July 21, 2010.
We now know that was on the receiving end of the Fed credit for the financial panic of 2008 and its aftermath, the number of these institutions provided, when asked to borrow, what interest rate you pay and how much and what kind of guarantees that pledged to secure loans from the Federal Reserve.
For example, we learned that Bank of America...