The Federal Reserve got loan-happy from 2007 to 2010, handing out mega funding to several top banks and brokerage firms, such as Morgan Stanley, Citigroup and Bank of America. The secretive financial agreements were meant to stop the economy from plunging into depression.
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2 comments:
This announcement is exactly how criminals cover their tracks. The money was looted. Bonus' were paid on fake profits and the People's money was used to enrich a small group of persons.
The American People are so dazed by the enormity of the crimes that they cannot comprehend the truth.
Correction: the "loans" were NOT made to prevent economic collapse. They were made (IN SECRET!!) to help already filty rich men become obscenely rich. The perpetrators of this theft of taxpayer money should be publicly executed. In front of their families. And on national TV. Every politician involved should suffer the same fate. All, and I mean ALL, of their assets confiscated. TRILLIONS of dollars stolen and all we have is a blog? They laugh at the sheep. And continue, to this very day, to plot and steal.
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