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$16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks
Unreal:
"Alan Greenspan, and various other bankers vehemently opposed the audit
and lied to Congress about the effects an audit would have on markets.
Nevertheless, the results of the first audit in the Federal Reserveâ??s
nearly 100 year history were posted on Senator Sanderâ??s webpage earlier
this morning.
What was revealed in the audit was startling:
$16,000,000,000,000.00 had been secretly given out to US banks and
corporations and foreign banks everywhere from France to Scotland. From
the period between December 2007 and June 2010, the Federal Reserve had
secretly bailed out many of the worldâ??s banks, corporations, and
governments. The Federal Reserve likes to refer to these secret bailouts
as an all-inclusive loan program, but virtually none of the money has
been returned and it was loaned out at 0% interest. Why the Federal
Reserve had never been public about this or even informed the United
States Congress about the $16 trillion dollar bailout is obvious â?? the
American public would have been outraged to find out that the Federal
Reserve bailed out foreign banks while Americans were struggling to find
jobs."
More...
http://beforeitsnews.com/economy/2012/09/first-audit-in-the-federal-reserves-nearly-100-year-history-were-posted-today-the-results-are-startling-2449770.html
Report (.pdf 3M 250 pages)
http://www.sanders.senate.gov/imo/media/doc/GAO%20Fed%20Investigation.pdf
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