Fed Audit's Initial Report Reveals Trillions in Secret Loans

An anonymous reader writes "The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression."

Comments

Ron Paul 2012

[rcb1974]

nuff said.