Bail-out Bombshell: Fed “Emergency” Bank Rescue Totaled $29 Trillion Over Three Years While the 99% suffered hardship, a new study shows that the Fed propped up buddies in the banking industry and a vast shadow banking system far beyond what anyone has guessed. December 15, 2011 | LIKE THIS ARTICLE ? Join our mailing list: [...]
Tags: American International Group, Bloomberg, Commercial Paper Funding Facility, Federal Reserve System, Maiden Lane, Primary Dealer Credit Facility, Term Asset-Backed Securities Loan Facility, Term auction facility
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, US economy, US public opinion, voodoo rhythm economics | No Comments »
