{"id":23229,"date":"2010-12-02T17:40:40","date_gmt":"2010-12-02T17:40:40","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/european_banks_took_big_slice_of_fed_aid\/"},"modified":"2010-12-02T17:40:40","modified_gmt":"2010-12-02T17:40:40","slug":"european_banks_took_big_slice_of_fed_aid","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=23229","title":{"rendered":"FT: European banks took big slice of Fed aid"},"content":{"rendered":"<p>Foreign banks were among the biggest beneficiaries of the $3,300bn in emergency credit provided by the Federal Reserve during the crisis, according to new data on the extraordinary efforts of the US authorities to save the global financial system.<\/p>\n<p>The revelation of the scale of overseas lenders\u2019 borrowing underlines the global nature of the turmoil and the crucial role of the Fed as the lender of last resort for the world\u2019s banking sector.<\/p>\n<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/4dd95e42-fd6d-11df-a049-00144feab49a.html#axzz16xNF9AAX\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign banks were among the biggest beneficiaries of the $3,300bn in emergency credit provided by the Federal Reserve during the crisis, according to new data on the extraordinary efforts of the US authorities to save the global financial system. The<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=23229\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,50,149,200,671,583,585,594,584],"tags":[],"class_list":["post-23229","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-international-news-commentary","category-economy","category-europe","category-federal-reserve","category-the-2009-obama-administration-bank-bailout-plan","category-the-banking-systemsector","category-the-september-2008-proposed-henry-paulson-700-billion-bailout-package","category-the-u-s-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/23229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23229"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/23229\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}