Federal Reserve Chairman Ben Bernanke shoved another train load of money out the door yesterday right into the hands of Wall Street in the form of QE3. He’s promised $40 billion each and every month until — further notice; with … [CLICK TO READ MORE]
On September 18, 2008 Federal Reserve Chairman Ben Bernanke and Treasury Secretary Hank Paulson (ex-Goldman Sachs CEO) held a meeting with Congressional leaders. Their story was that the financial markets were on the verge of a complete meltdown and, if … [CLICK TO READ MORE]
If an investment bank goes broke from gambling again, all they’ll have to do is ask their dear friends in the government to grant them commercial bank status.
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April 23, 2012 Everyone who doesn’t already know — that would be the general public — would like to know exactly what was discussed behind closed doors during and after the 2008 financial crisis; especially at the Federal Reserve. But … [CLICK TO READ MORE]
December 14, 2011 CNBC, CNN and several other news services are announcing the same “un-breaking” news this morning. In fact, some of them have repeated it over and over. Although there might be slight variations on how they frame the … [CLICK TO READ MORE]