"The Federal Reserve is providing more details about when it will make billions of dollars in short-term loans available to squeezed banks.

The loans — part of an effort to ease intensifying credit stresses — are made available to banks through auctions. The Fed — in coordination with other countries' central banks engaged in similar efforts — laid out dates that it will conduct the auctions through the rest of this year.

To help ease credit stresses, the Fed announced Monday it will provide as much as $900 billion in cash loans to banks. "

http://news.yahoo.com/s/ap/20081007/ap_on_bi_ge/fed_credit_crisis