Uploaded by ddarko2012 on Jan 14, 2010
http://www.infowars.com/sec-engages-in-conspiracy-with-aig-to-hide-bailout-ev...
As we have previously reported, the destination of trillions in bailout funds remains hidden after the Fed refused to disclose where it had gone despite a lawsuit filed by Bloomberg, Paul Joseph Watson wrote for Prison Planet on July 22.
Bloomberg filed a lawsuit under the U.S. Freedom of Information Act requesting details about the terms of 11 Fed lending programs. On December 8, 2009, the Fed said it is permitted to withhold internal memos as well as information about trade secrets and commercial information.
A d v e r t i s e m e n t
As noted by Reuters, the AIG to SEC request to hide details of the massive and unprecedented bailout received scant attention in the corporate media when it was announced in May. But it could spark controversy now following the release last week of 14-month-old emails that reveal that some at the New York Fed had discussions with AIG officials about how much information should be disclosed to the public about the Maiden Lane III transaction.
Maiden Lane III is a Federal Reserve scheme to facilitate the merger of the Bear Stearns Companies and JPMorgan Chase. The New York Fed also used Maiden Lane III to acquire assets of Bear Stearns.
In November, Special Inspector General Neil Barofsky said New York Fed didnt have the backbone to stand up to Wall Street, didnt understand its capacity to protect taxpayers, and didnt appreciate that its responsibility was to taxpayers, according to former prosecutor Eliot Spitzer. Geithner and the Fed have proffered a series of spurious reasons for their willingness to pay AIGs counterparties — the leading Wall Street banks — in full while demanding concessions from every other entity with whom the Treasury or the Fed dealt.
In fact, the Federal Reserve, as a cartel for the international bankers, knew precisely what it was doing — it was paying off its buddies on Wall Street for their casino derivatives losses. The scam also provides an additional mechanism for crashing and burning the U.S. economy and ushering Americans into globalist serfdom.
Geithner and crew at the Treasury, at the Federal Reserve, and in the offices of Goldman Sachs and the other criminal bankster organizations need to be arrested immediately. Only through the process of discovery during prosecution will we learn the grim details of the largest financial crime in history and be able to punish the criminals responsible
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Our government is a bunch of corrupt ass holes !! And Goldman Sachs is right there with them
RASeventyEight 1 year ago
@parrafito Dude ,, Your being deceptive with your comment or you didnt understand the comment I posted.. Yes there are some illegals who did not get loans from banks . But it is a know facts the banks dont want the american public know that the magority of loans defalted on were illegal loans to illegal aliens , The banks are at falt for letting it happen .There for as punishment the goverment should have let those banks go under. We would have been 700 billion ahead of the ression .
erwintipton 1 year ago
@erwintipton What does this have to do with illegal aliens? It's like if you lost your pen one day and you want to blame the illegal aliens, you do it. Your statement sounds like the ones we hear time and time again on political commercials. Very deceptive I might add.
parrafito 1 year ago
The goverment should have let those basters go under. it was nothing but a scam . the banks lent money to illegal aliens they get deported then the loan is in defalt and the banks are still doing it. Im an american I cant buy a house becouse the banks wont give out loans to americans , The should have have called it the bail out illegal alein loans.
erwintipton 1 year ago
Grayson is awesome, has steel balls. Bernake is a chump, jew bastard that should be hung by his tiny little balls. The Federal Reserve needs to be disolved, fucking NOW!
sniffy45 1 year ago
@tryptala - And he uses call boys and gets away with that too, hahaha
sniffy45 1 year ago
@Igentenos BINGO!!
ech77066 1 year ago
In other words, it's your money and we get to do anything we want with it. ha ha ha. Barney was just chomping at the bit to bang that gavel. The people of Massachusetts should be pilloried for reelecting that guy.
tryptala 1 year ago
is the Federal Reserve a giant Ponzi Scheme?
Igentenos 1 year ago
thanks for taking the time to bring out this news. we need more to do the same.
Igentenos 1 year ago