Deeper and Deeper we go

By Edward Barrera on October 7, 2008 7:30 AM | |
"The U.S. Federal Reserve is reportedly looking at getting into unsecured lending, an extreme step that could allow it to directly purchase commercial paper, according to a report in the Financial Times. The report said the Fed had never done so in its history, but doing so could allow it to participate in the frozen inter-bank money market and the contracting commercial paper market." Market Watch

About this blog

Economic Alert is a daily blog on business and the economy in the San Gabriel Valley and beyond, featuring updates and observations from the staff of the San Gabriel Valley Newspaper Group. SGVN includes the San Gabriel Valley Tribune, Pasadena Star-News and Whittier Daily News.

Your hosts:


Kevin Smith is business editor for the San Gabriel Valley Newspaper Group. Over the past 15 years, Smith has covered development, housing, employment, technology and financial trends for a variety of newspapers.
e-mail


Ryan Carter covers business and the economy for the San Gabriel Valley Newspaper Group.
e-mail

About this Entry

This page contains a single entry by Edward Barrera published on October 7, 2008 7:30 AM.

Morning scan was the previous entry in this blog.

eBay spends and slashes is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Recent Comments

Powered by Movable Type 4.25

Search

Links

SanGabe.biz is the San Gabriel Valley Newspaper Group's online resource for local business development. Get info on tax law, accounting, legal forms, marketing, sales and more.
The San Gabriel Valley Small Business Development Center offers classes, counseling and consulting for entrepreneurs and small business owners. The SBDC is a partnership between Mt. San Antonio College and the U.S. Small Business Administration.
The San Gabriel Valley Economic Partnership is a nonprofit corporation dedicated to improving the valley's economy.

Advertisement

Headlines

Other blogs

CIF-SS Playoffs: El Rancho begins title defense with Division 4 boys soccer first round game vs. Duarte; Girls basketball also gets its turn with first round games, including No. 2 seed St. Paul at Notre Dame/Riverside in Steve Ramirez talks Prep Sports
La Verne Lutheran's Eric Cooper Jr., breaks and dislocates finger, doubtful for second round; Trojans may not play second round until Saturday because of snow in Big Bear in Best High School Sports Blog - Fred Robledo Talks Prep Sports
UPDATED AGAIN: Power outages reported in Monrovia, Duarte in Crime Scene
Glendora seeks larger class sizes in Class Notes
Walnut man caught after shooting his brother in A View from the Heights