Banks, Harley Participated in Fed Programs

When the Federal Reserve unleashed a barrage of programs in 2008 to try to prevent the collapse of the financial system, a handful of Wisconsin firms – mostly banks, but the state’s perhaps best-known company as well – opted in. Of the more than 21,000 loans and other transactions the Fed made during the financial crisis, at least nine state financial institutions – including Wisconsin’s two biggest banks – and Milwaukee motorcycle maker Harley-Davidson Inc. used some of the emergency measures. Read the Milwaukee Journal Sentinel article.