Quotes of the Day

LOU CRANDALL, an economist, on the Federal Reserve's efforts to expand credit
Wednesday, Mar. 12, 2008

Open quoteThey are essentially creating a $300 billion bank out of nothing. Close quote

  • LOU CRANDALL
  • an economist, on the Federal Reserve's efforts to expand credit
Photo: Matthew Cavanaugh / EPA | Source: NEW YORK TIMES