The news breaking from a peek at the Fed's shananagans reveals where some of the bailout money went.
.......................................
At a time when credit markets shunned even the most worthy borrowers, foreign banks, including one partly-owned by Muammar Gaddafi's Libya, fled to the Federal Reserve and borrowed at rock-bottom interest rates, Fed documents released Thursday show.
http://www.huffingtonpost.com/2011/0..._n_843400.html










Reply With Quote




