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Texas53
11-11-2008, 12:25 AM
Fed lets American Express become commercial bank

http://www.chron.com/disp/story.mpl/front/6105447.html

Today I read on the net and heard in the news that the Federal Reserve pumped $2 trillion (yes trillion) into some financial institutions but refused to say which ones. I wonder if American Express was on of those financial institutions! JMHO