Explain the Federal Reserve Banks response to the Great Recession. Did it work?

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Explain the Federal Reserve Banks response to the Great Recession. Did it work?

This is a large subject. I suggest you narrow your paper to one or two responses and examine these more thoroughly, rather than a shotgun approach that tries to examine all the Fed Responses.  Note the Feds responses are related to the material covered in the latter portion of the text.  You should read ahead when doing your research.  These are secondary research papers. Consequently, I expect to see a minimum 10 sources. Acceptable sources include books, journals, periodicals, and professional websites like the Federal Reserve Bank, and White-Papers.  Wikipedia, Bright-Bart, and the Huffington post are not acceptable. All papers must include proper citations otherwise the material is plagiarized. I expect that all students at this stage, should have a good handle on footnoting and creating a bibliography.  For the Footnotes and bibliography I require the Chicago format.