New Papers Show How Financial Crisis Rocked Fed

The Wall Street Journal
February 21, 2014 AT 3:51 PM
The Fed has released transcripts of key meetings from 2008, at the height of the financial collapse, showing the nation's financial leaders struggling to come to grips with the calamity that had hit the U.S. economy. WSJ's Sudeep Reddy and Jon Hilsenrath discuss the big findings. Photo: Associated Press.