Thread: TARP Two
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Old 12-02-2011, 01:59 AM   #5
Lamplighter
Person who doesn't update the user title
 
Join Date: Jun 2010
Location: Bottom lands of the Missoula floods
Posts: 6,402
TARP two - I thought tw would be writing about the $7.7 trillion
the Fed Reserve loaned to the banks at 0.01% interest.


Bloomberg News

Nov 28, 2011
U.S. Feds committed 7.7 trillion to rescue financial system

Quote:
The Feds and the banks fought tooth and nail to prevent the release of the information.
After reading the article one can understand why.
The article is quite long and detailed and an eye opener.
John Stewart (The Daily Show) did a bit on it tonight... funny, but scary.

The universe is only 13.7 billion years old
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