More sleight of hand from the Manchurian Moonbat we call President.
Aug. 22 (Bloomberg) -- Neil Barofsky, former special inspector general for the Troubled Asset Relief Program and a Bloomberg Television contributing editor, talks about the Federal Reserve's emergency loans during the financial crisis. Fed Chairman Ben S. Bernanke’s effort to keep the economy from plunging into depression included lending banks and other companies as much as $1.2 trillion of public money. The largest borrower, Morgan Stanley, got as much as $107.3 billion, while Citigroup Inc. took $99.5 billion and Bank of America Corp. $91.4 billion according to a Bloomberg News compilation of data obtained through Freedom of Information Act requests, months of litigation and an act of Congress.
Full details inside.
Hedge Fund Manager Kyle Bass Tells David Faber: "EU Bailout Will Cost France And Maybe Even Germany Their AAA Ratings"
With Europe's crisis making all the financial headlines, it's worth another look at the default truth from Kyle Bass. Interview was conducted Aug. 8, 2011. Quotes inside.
Ron Paul Announces 2012 Candidacy On Colbert: 'Biggest Counterfeiter In The World Is The Federal Reserve' (VIDEO)
Video - Ron Paul with Stephen Colbert
"There is a law on the books that says you are not allowed to counterfeit, and the biggest counterfeiter in the world is the Federal Reserve. They just print money, trillions of dollars, and they give it out to their friends."
Goldman Reaches Foreclosure Settlement With The FED & NY Regulators Calling For 25% Loan Forgiveness
New story from Reuters.
New story from ProPublica.