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Did you go to university? <a href=" http://www.destructibleheart.com/loan-calcul.pdf ">california safe secure bad credit payday loan</a> The Fed's focus on inflation as the only constraint on stimulating growth in the mid-2000s allowed imbalances to develop in housing that set the stage for the bubble. The crisis was amplified by fragility in the financial system that grew up outside the Fed's supervisory purview. Safety and soundness did not get the attention they deserved in the regulation of non-bank broker-dealers like Bear Stearns and Lehman Brothers, a subsidiary of insurance giant AIG, the commercial paper market and money market mutual funds. And finally, the Fed acted courageously to forestall what could have been a much deeper crisis with more than $1 trillion in lender-of-last-resort assistance.
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