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Thursday, June 12, 2014

Bank of America Shocker: "New Commercial Loan Plunge Is Largest Since Lehman"

Roughly two months ago, when we compared the loan data released by America's largest, TBTF banks, and what the Fed's own commercial bank data revealed in its weekly H.8 statement, we asked a simple question: "Is The Fed Fabricating Loan Creation Data? [9]" Visually, the discrepancy was shown as follows:


1 comment:

Anonymous said...

The banks line up for bailout money every Friday night and hoard it for their own use,no loans to anyone.