No, they got an additional audit.
Ah. So did the 'additional' audit reflect the same data the Deloitte&Touche audit presented?
Deadbeats keep defaulting, or threatening to default.
How is it possible to be a 'deadbeat' and keep defaulting, or threatening to default IF the loans have been repaid?
The banks aren't the deadbeats, it's mortgage borrowers and governments like Greece.
I consider this explanation splitting of hairs as some banks got into the mortgage lending business, and I know of no bank on this earth that is NOT quazi connected to some form of government/politics.
I do not believe you when you say the FED does NOT play with TAXPAYERS dollars...
Why would the Fed need taxpayer dollars when they can create trillions of their own?
The FED dollars have NO value unless backed by the full credit of the US government. Whatever action they take ultimately trickles down through the economy slowly or a full frontal assault.
unless some hidden law has been passed is 'we the people' and they do not have one thin dime without first taking it from US.
Did the Fed ding your paycheck when they created the new money? I didn't notice a change in mine either.
Indirectly yes the actions and activities by the FED to pick the life's lottery winners that are by your definition turn out to be deadbeat defaulters, or threatening to default has an impact on the economy as a whole. The FED has been in up to its collective eyeballs to sustain the Keynesian style economies. Keynesian economics has never worked and it is NOT going to magically turn a corner.
It's not splitting hairs. Europe still has a banking crisis because the "safe" government bonds they own are in danger of default by deadbeat governments.
The dollars the Fed creates do have value. You have some in your wallet right now. And they didn't come from the taxpayer.
No, the money the Fed created did not come out of your paycheck. It did not increase the debt of the government.