Banks Repaid Fed Bailout With Other Fed Money: Government Report
Friday, March 9, 2012
Ratigan & Spitzer: TARP's Only a Tiny Piece of Subsidies to Banks
On Dylan Ratigan, Eliot Spitzer and Larry McDonald explain how banks paying back TARP monies doesn't begin to cover what's been stolen.
The Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world.
Then there's the millions more foreclosures in the pipeline - 15 million families are about to face foreclosure.
That's not even the half of it.. Or 1% of what's coming down the pike at us.
Read the Article at HuffingtonPost
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