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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By Binyamin Appelbaum / The Bulletin
January 19, 2013
WASHINGTON — When Federal Reserve policymakers convened in August 2007, one of the nation’s largest subprime mortgage lenders had just filed for bankruptcy, and another was struggling to find the money it needed to survive.
Officials decided not to cut interest rates. The Fed....
