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Bloomberg: Fed won’t say to whom it’s lent $2 trillion in public funds

By Steve Perry | 11.11.08 | 9:55 am


Bloomberg News reports that the Federal Reserve Bank is “refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.” Reporters Mark Pittman,…

Now she’s an economics expert: Bachmann (R-N.M.?!) stiffs baristas with Starbucks shrug

By Chris Steller | 09.19.08 | 10:02 am

A Knoxville, Tenn., TV station’s Web site credits Minnesota’s answer to Gov. Sarah Palin with this zinger on federal bailouts in the financial sector: “What’s next, Starbucks too big to fail?”

One problem: After all her national media face time — from the famously extended State-of-the-Nation smooch she inflicted on President Bush to yet another appearance on “Larry King Live” last night — WBIR-TV still managed to mis-ID her as “Republican Congresswoman Michele Bachmann of New Mexico.”

Video, and more, below the jump.