While the government had pledged not to fund a rescue of Lehman, the disclosure on Tuesday showed authorities that were taking other financial steps to prevent markets from descending into chaos.
JPMorgan Chase & Co advanced $87 billion to the units on Monday to help clear and facilitate securities transactions with customers and clients of Lehman "to avoid disruption of financial markets," according to documents filed in the U.S. Bankruptcy Court for the Southern District of New York.
Lehman and the New York Fed had requested the advance, known as a "commencement date advance" and the New York Fed repaid it, according to filings.
In effect, the New York Fed lent the funds to the units.
A representative for the New York Fed declined to comment.
TVNL Comment: Any questions about the central banking conspiracy?
Oil prices extended their steep losses Tuesday, tumbling below $92 a barrel as a worsening economy suggested U.S. energy demand will keep falling despite crude's return to year-ago levels. 
The 'Bush war crimes conference,' according to its organizers, is a "throwback to the framers of the constitution," which aims to establish "necessary organizational structures" to pursue those guilty of war crimes "to the ends of the Earth."
