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    Why we don't have any money. Federal Reserve Board Members Gave Their Own Banks $4 Trillion in Bailouts

    Carol
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    Why we don't have any money.  Federal Reserve Board Members Gave Their Own Banks $4 Trillion in Bailouts Empty Why we don't have any money. Federal Reserve Board Members Gave Their Own Banks $4 Trillion in Bailouts

    Post  Carol Thu Jun 14, 2012 5:30 pm

    Federal Reserve Board Members Gave Their Own Banks $4 Trillion in Bailouts
    http://www.commondreams.org/newswire/2012/06/12-2
    Following the 2008 financial crisis, the Federal Reserve provided more than $4 trillion in near zero-interest loans and other help to banks and businesses whose executives also served as directors for the national bank.

    Personal note: With 4 trillion the Euro is yet again ready to collapse. What a frisking waste in every sense of the word and what piss more management on the part of those making decisions that destroyed the global economy. Zero interest! Unbelievable. And was any of this paid back? Not bloody likely.


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    With deepest respect ~ Aloha & Mahalo, Carol

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