http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4872458.ece
How much is Ben lending from his window
The amount seems to be larger everyday
The bailout package now looks like bull shit
With the pork in it they barbecued I'd say
US banks borrowed a record $367.8 billion (£208 billion) a day from the Federal Reserve in the week ended October 1.
Data from the US central bank shows how much financial institutions are relying on the Fed in its role as lender of last resort as short-term funding becomes almost impossible to find elsewhere.
Banks' discount window borrowings averaged $367.80 billion per day in the week ended October 1, nearly double the previous record daily average of $187.75 billion last week.
With interbank lending and commercial paper markets near paralysis, and a $700 billion bailout package still not cleared by the US House of Representatives, it has become increasingly difficult for banks to borrow from anywhere else