Fed Laughs Peaked in June 2007 Before Crisis Hit

Federal Reserve policy makers deliberating how to safeguard the world’s largest economy as it neared the worst financial crisis in seven decades weren’t averse to sharing a few laughs. Their levity didn’t last. Humor at 2007 meetings centered on coffee breaks, basketball rivalries and drug testi…

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Fed Laughs Peaked in June 2007 Before Crisis Hit

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