Fed's dilemma - Picking winners for $4 trillion in credit
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WASHINGTON (Reuters) - When the Federal Reserve polled Wall Street about financial stability risks last fall, "global pandemic" didn't make the list.But the coronavirus outbreak has triggered virtually every other shock that was mentioned - from a stock market rout to a looming global recession - and is forcing the U.S. central bank and the U.S. Treasury to triage a system springing leaks by the day.Compared with the 2007-2009 meltdown, which was centered in the mortgage and financial markets,..