Tuesday, June 2, 2009

ONLY $11.5 Billion?

WASHINGTON (AP) — Investors on Tuesday showed a bigger appetite for participating in a government program intended to boost the availability of loans to consumers and small businesses at cheaper rates. Investors requested $11.5 billion worth of loans, the Federal Reserve Bank of New York said. That tally was up from $10.6 billion requested last month and the largest amount since the program started in March.

Is this multitrillion dollar economy, $11.5 billion is going to save it?

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