The NYT Business section coverage of this docudump is quite different, the European issue is addressed but not stressed as the only story therein:

The Fed’s Crisis Lending: A Billion Here, a Thousand There

by Binyamin Appelbaum and Jo Craven McGinty, March 31

WASHINGTON — The Federal Reserve’s huge lending programs, which saved Wall Street in the fall of 2008, also benefited a wide range of other financial companies, including community banks, credit unions and foreign banks, according to documents released by the central bank on Thursday.

Hundreds of small banks borrowed modest amounts of cash in 2008 and 2009, ranging from $1,000 to several million dollars, from an emergency loan program known as the discount window.

The Fed also used the discount window to make dozens of loans, often exceeding several billion dollars at a time, to the United States Central Federal Credit Union, helping to prevent a collapse that would have harmed hundreds of smaller credit unions. And the Fed helped to save some of the largest banks in Europe by pumping desperately needed dollars into their American subsidiaries. In fact, the biggest borrower from the Fed program was Dexia, a French-Belgian bank that frequently held more than $30 billion in outstanding loans from the program from late 2008 to early 2009.

The story of the Fed’s efforts to rescue giant banks like Merrill Lynch, Citigroup and Washington Mutual from the consequences of reckless lending and investments is already well known. The central bank released detailed information in December about the emergency programs it created to pump billions of dollars into those banks.

But the Fed fought long and hard to preserve the secrecy of transactions at the discount window, its oldest and most inclusive lending program. The grudging release of the data Thursday, in a format that impeded analysis, came only after a series of federal courts ruled in favor of lawsuits brought by Bloomberg News and Fox News.

The long list of borrowers, provided in the form of a daily loan register, gives a striking impression of a crisis spreading to every last corner of the financial system.

By late October 2008, the volume of outstanding loans topped $100 billion, with several dozen banks borrowing each day.

Some banks borrowed minimal amounts to test the process in case things got worse. For example, First City Bank in Fort Walton Beach, Fla., borrowed just $1,000 in October 2008 and repaid the money the next day....

Though they do play it up with this chart attached to the article: