[Credit: The Onion, of course]
From the Mothership and The Onion, not a moment too soon, the Feds make a teensy little cut in its key interest rate, thus freeing up commercial paper and jumbo loans for rich people.
· Your Morning credit Crunch: End of an Era?! [Curbed]
· Statshot [The Onion]
· Fed Changes Direction [NY Times]