Slashdot Mirror

← Back to Stories (view on slashdot.org)

Fed Audit's Initial Report Reveals Trillions in Secret Loans

Posted by timothy on from the go-ahead-have-a-cabal dept.

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."

2 of 499 comments (clear)

  1. How Much is a Trillion? by Grizzley9 · · Score: 4, Interesting

    I thought this site explains what a trillion dollars is fairly well.

    www.wtfnoway.com

  2. Re:Did they pay it back? by Fishbulb · · Score: 4, Interesting

    * Did they pay their taxes to support such an institution?