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Will the Fed s new liquidity facility restore confidence?

The Bank Term Funding Program, rolled out by the central bank on Sunday night, offers par value for underwater securities that banks pledge to obtain short-term loans. Industry insiders expressed optimism on Monday that it will buy time for institutions that have been hit by rising interest rates.

Maine Voices: Stop shutting new residents out of our state

Life in Maine is a blessing, but it’s not a privilege to be granted by those who grasp a vision of the past that never was.

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