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There was already a sense that the plan would not be enough to break the log jam in the credit markets, where banks are even refusing to lend to each other.
The Fed has tried to pump money into the banking system to break the log jam, first by opening up its discount window to deposit banks and then by inventing a new term auction program for them.
Houston eventually settled in and charged back with a 13-2 push spanning the break between the first two quarters, with Chandler Parsons providing the final five points on a two-handed putback jam and a 3-pointer.