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Thread: Foreign Banks Tapped Fed's Lifeline Most as Bernanke Kept Borrowers Secret

  1. #21
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    Re: Foreign Banks Tapped Fed's Lifeline Most as Bernanke Kept Borrowers Secret

    Libya-Owned Bank Got 73 Loans From Fed Discount Window After Lehman Fell - Bloomberg

    senator sanders reacts:

    “It is incomprehensible to me that while creditworthy small businesses in Vermont and throughout the country could not receive affordable loans, the Federal Reserve was providing tens of billions of dollars in credit to a bank that is substantially owned by the Central Bank of Libya,” Senator Bernard Sanders of Vermont, an independent who caucuses with Democrats, wrote in a letter to Fed and U.S. officials.
    why all the secrecy, mr bernanke?

  2. #22
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    Re: Foreign Banks Tapped Fed's Lifeline Most as Bernanke Kept Borrowers Secret

    What happens to any entity that doesn't have the means to pay it back? What happens if any entity knows its going to fail and sought a FED route and failed? Didn't the decision maker on the non-FED end trade money for something really huge if it failed on purpose?

    Is watering down the American Peoples money on many fronts and relocating it not a form of taxation?

    Now that this has been made a pathway for future actions (maybe) what happens if they try again and fail?
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    Re: Foreign Banks Tapped Fed's Lifeline Most as Bernanke Kept Borrowers Secret

    Quote Originally Posted by The Prof View Post
    Libya-Owned Bank Got 73 Loans From Fed Discount Window After Lehman Fell - Bloomberg

    senator sanders reacts:



    why all the secrecy, mr bernanke?
    Looks like someone was making anchor points of US focus, through banking, in Libya. How much was repaid in $$$$ and how much in repo? Sounds to me like maybe something is guarding the banking in Libya vs the government of Libya.
    I'm Finding it Harder to be a Gentleman, White Stripes ~ "You think I care about me and only me. When every girl needs help climbing up a tree."

  4. #24
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    Re: Foreign Banks Tapped Fed's Lifeline Most as Bernanke Kept Borrowers Secret

    Quote Originally Posted by danarhea View Post
    Smart move. The US made money.
    Then why did the jerk keep it secret?
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