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Federal Reserve, Treasury Announce $800 Billion Plan to Support Consumer Lending 
naked capitalism | by Yves Smith(noreply@blogger.com) | Tue, Nov 25
naked capitalism is the #2 Blogger for United States Department of the Treasury
Let's see, Bloomberg said yesterday that the Federal government had committed $7.4 trillion to lending facilities and guarantees. The total is now $8.2 trillion thanks to new programs announced today to aid borrowing by consumers, small businesses, and homeowners.
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Opinion: Willem Buiter: Treasury Will Have to Abandon Current Approach to Banks
There is just one way to make the US government’s policy towards the banks work. That is for the Congress to vote another $1.5 trillion worth of additional TARP money for the banks - $1 trillion to buy the remaining toxic assets off their balance sheets, and $0.5 trillion worth of additional ca...
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