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Sunday, May 19, 2013, 11:30 a.m.

Transcripts show Fed misjudged crisis in ’07

By BINYAMIN APPELBAUM THE NEW YORK TIMES

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.

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  • Headline: Transcripts show Fed misjudged crisis in ’07
  • Publication: Front Section, Pages 5 on 01/20/2013
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