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Jon Stewart on the current political climate; Xi Jinping's visit to Russia; the Fed's dilemma

Fareed Zakaria GPS

CHAPTER

The Fed Faces a Dilemma

The Fed had to reassure uninsured depositors, people with deposits above the federal deposit that they'd be okay. But if you take a step back, it's a disastrous situation to have got into," he says. "Something went terribly wrong in the oversight of not only that bank, but other banks that got themselves into this situation"

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