Why the Fed Was Created, Revealed by Government Document!
Bernanke’s Obfuscation Continues:
The Fed’s $29 Trillion Bail-Out Of Wall Street
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
Fed’s Once-Secret Data Compiled by Bloomberg Released to Public
the value of the derivatives on the books at J.P Morgan is $70 trillion.
Price Index for Meats, Poultry, Fish & Eggs Rockets to All-Time High
Download spreadsheets: http://www.businessweek.com/bloomberg/bloomberg-public-release-of-fed-data.zip
mortgage-backed securities purchases and so-called foreign-currency liquidity swaps
FED memo: http://www.federalreserve.gov/generalinfo/foia/emergency-lending-financial-crisis-20111206.pdf