Banks flooded the Federal Reserve with billions of dollars in “junk bonds” and other low-grade collateral in exchange for much-needed liquidity during the crisis, as the financial sector struggled under a crippling credit crunch, new data show.
最新數據顯示,本次金融危機期間,在金融業因嚴重信貸緊縮而步履維艱之際,銀行用數十億美元“垃圾債券”和其它低評級抵押品,向美聯儲(Fed)換取了亟需的流動性。
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