Fed gave secret loans to banks

[MadJack]

http://www.indystar.com/article/201...-banks?odyssey=tab|mostpopular|text|FRONTPAGE

Not even Congress was told about biggest-ever U.S. bailout

The Fed didn't tell anyone which banks were in trouble so deep that they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn't mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy. And no one calculated until now that banks reaped an estimated $13 billion of income by taking advantage of the Fed's below-market rates, Bloomberg Markets magazine reports in its January issue.

Talk about some fucked up shit!

 

[ssd]

fucked up shit does not cover the half of it.


Bastards need to be jailed, some shot.

The raping of the American economy by a few 'intellectuals' at the hands of the levers controlling US monetary policy is the biggest financial swindle of all time.

 

[ssd]

......Hank Paulson tipped off a select group of Goldman diaspora hedge fund managers about the eventual failure of Fannie and Freddie 7 weeks ahead of this information becoming public knowledge.

Paulson - a Goldman alum, using confidential info to benefit a certain few select people.

 

[Skulnik]

......Hank Paulson tipped off a select group of Goldman diaspora hedge fund managers about the eventual failure of Fannie and Freddie 7 weeks ahead of this information becoming public knowledge.

Paulson - a Goldman alum, using confidential info to benefit a certain few select people.

If true, Throw their ASS in JAIL!!!!!!!!!!!!!!!!!!!!!!!!!!!!

:0074

 

[Duff Miver]

......Hank Paulson tipped off a select group of Goldman diaspora hedge fund managers about the eventual failure of Fannie and Freddie 7 weeks ahead of this information becoming public knowledge.

Paulson - a Goldman alum, using confidential info to benefit a certain few select people.

So what else is new? The privileged class of bankers, corporate officers and politicians does this shit every day.

 

[Lumi]

The Creature from Jekyll Island !

READ IT !

 

[WhatsHisNuts]

I wonder what the responses would be if this had happened after Obama had been elected?

 

[ssd]

The FED is non-partisan.

My thoughts would be the same.


AS to think this type of bullshit still is not going on.....?


:shrug:

 

[WhatsHisNuts]

The FED is non-partisan.

My thoughts would be the same.


AS to think this type of bullshit still is not going on.....?


:shrug:

It doesn't matter. If this had happened after 1/20/2009, it would be attributed to Obama. FoxNews just spent a day talking about Obama not thanking god in his Thanksgiving YOUTUBE address.

 

[StevieD]

They all should be swinging from the highest tree in town. But as long as they get their bonus's and we don't tax them......LOL! Do you guys get it yet? Do you guys see who the real terrorists are yet?

 

[ssd]

Whats:
The thread title has FED in it, not Obama.

The only person to mention Obama is you.


I don't care under who's watch this happened or happens.

The Bullshit needs to stop.

Bernanke was a Bush appointee who was extended by Obama. It doesn't matter. When the FED President appointment comes up, the Pres is handed a list that says pick someone from this list. There are probably 3 names on it.

Google Group of Thirty.

Lil Timmy G was a member as well.