Fed Gave Banks Eye-Popping Emergency Loans, Without Telling Congress

Posted by timothy on Saturday December 3, 2011 @06:34AM from the please-don't-blame-this-on-a-free-market dept.

An anonymous reader writes with this excerpt: "The Fed didn't tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn't mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy. And no one calculated until now that banks reaped an estimated $13 billion of income by taking advantage of the Fed's below-market rates, Bloomberg Markets magazine reports in its January issue."

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Awww gonna cry faggot? by hifagssuckmycock · 2011-12-03 08:20 · Score: -1, Troll

So what are you going to do about it faggot? Hey fucker - got a billion to peddle politics or a stupid fucking news network? Then STFU - you're fucking owned you little tiny faggot. (oh noes - perhaps they'll vote da big bwad congwess out of office - LOL - stupid fucking Americans) (neat did you know I can create a new account on mail.yahoo.com every hour and shift IPs and this place can't do shit? Neat huh? Fucking retards)