Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
3Activity
0 of .
Results for:
No results containing your search query
P. 1
Bernanke Lecture Four 20120329

Bernanke Lecture Four 20120329

Ratings: (0)|Views: 7 |Likes:
Published by Tong Bi

More info:

Published by: Tong Bi on Aug 18, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

09/05/2013

pdf

text

original

 
Lecture 4:The Aftermath of the Crisis
2
 
 
3
The
Fed’s Efforts to
 Restore Financial Stability
A financial panic in fall 2008 threatened thestability of the global financial system.
In its lender-of-last-resort role, the FederalReserve provided liquidity (short-termcollateralized loans) to help stabilize key financialinstitutions and markets.

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->