[vc_row][vc_column][vc_column_text] The conservative pundit Glenn Beck spoke gravely of the American economy during his BlazeTV show on Thursday, warning that “something is very wrong” with the financial system after the Federal Reserve stepped in to support the short-term lending market. Beck, who has a reputation for hyperbole and a history of peddling conspiracy theories, flagged…

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Chaos in short-term funding markets this week led the Federal Reserve to step in with a series of overnight rescue operations to help keep credit flowing through the financial system. Here are five things to know about gyrations in overnight lending rates, which several times in the past week spiked to almost 10%. The strain…

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