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Trading Rules Help Wall Street Pick Fed's Pocket

Transparency concerns let banks pick Bernanke's pocket

By Jason Farago,  Newser Staff

Posted Aug 3, 2009 4:27 AM CDT

(Newser) – Banks across Wall Street have made hefty profits trading with the Federal Reserve—often their only customer as the financial crisis ground trading to a halt—and government officials and finance execs are now asking whether Ben Bernanke is making tough enough deals. The central...   Read full story »

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