Wall Street Aristocracy Got $1.2 Trillion in Secret Fed Loans

~II~ THE WATCHTOWERS ~II~

 
http://www.youtube.com/watch?v=szc7upqWuaE&feature=player_detailpage

The Federal Reserve’s unprecedented effort to keep the economy from plunging into depression included lending banks and other companies as much as $1.2 trillion of public money. The largest borrower, Morgan Stanley, got as much as $107.3 billion, while Citigroup Inc. took $99.5 billion and Bank of America Corp. $91.4 billion, according to a Bloomberg News compilation of data obtained through Freedom of Information Act requests, months of litigation and an act of Congress. Erik Schatzker and Sara Eisen report on Bloomberg Television’s “InsideTrack.”

Copyright Bloomberg 2011

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Bloomberg sues Fed Secret Fed loans public money Wall Street Federal Reserve Morgan Stanley CitiGroup Citi Goldman Sachs Royal Bank of Scotland UBS Supreme Court Bernanke bank of america

 

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