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3. Why, according to Ben Bernanke, did the Fed not make section 13(3) of the Federal Reserve Act loan to Lehman Brothers to help formulate

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3. Why, according to Ben Bernanke, did the Fed not make section 13(3) of the Federal Reserve Act loan to Lehman Brothers to help formulate a rescue plan for the storied investment bank? In your opinion, is this a valid defense of the Fed's actions or inactions during the financial crisis? Are there other explanations for the Fed's decision to let Lehman go under? If so, what

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