Banks Profit $13Bil off Secret Fed Loans
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Uploaded by TheAlyonaShow on Nov 29, 2011
Bloomberg reported that the Federal Reserve had given out $7.7 trillion in loans to the nation's largest banks in secret through March of 2009, banks that at the time were publicly talking about their strength and solvency, and who ended up profiting $13 billion off these loans. As former US Congressman Alan Grayson had noted, is the fed supposed to pick winners and losers? Nomi Prins, author of "Black Tuesday" discusses.
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All Comments (31)
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When are you going to stop calling them loans and start calling them proceeds of crime (theft from taxpayers)?
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THEY WAS SETTING AMERICA for OWO. It was in the FED plan to start with America knows better!
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RT does expose TRUTH
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@MakesMeAngry YOU MEAN HANK PAULSON, LARRY SUMMERS, TIM GEITHNER, AND FRIENDS. President Obama does not control the Federal Reserve. Put your Geo Dubya Bush buddies' up for treason on financial terrorism.
You must be one of them, to be covering up for them . . . .
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nomi prins is very beautiful
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Prosecute Paulson and friends for treason. And, wouldn't they be considered "terrorists" under the soon-2-b National Defense Authorization Act?
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Paulson disclosed that Treasury was going to buy Freddie and Fanny?! How is that not considered insider trading? We need to lock these fuckers up.
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fuck, they just print all the money, they could cover up all the holes if they wanted too.
That's the point.
They keep loaning and charging interest.
It's like an endless cycle of shitstorm.
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@MakesMeAngry dont you mean suckers in government? how much do you think the president actually does?
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@MakesMeAngry So which wall street cock sucker will be our next president?
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How is this not illegal? Good lord, the whole system needs to be flushed out.
BrotherAlpha 3 months ago 24
More treason from that Wall Street cock sucker in the White House.
MakesMeAngry 3 months ago 14