Oops - here is excerpt -
Tens of millions in securities loans went to Biden-linked firm
Renewed interest in the Bidens’ financial arrangements has shined new light on Hunter Biden’s past involvement with millions of dollars in federal funds.
Rosemont Seneca Partners, an investment firm founded by Hunter along with business partners Devon Archer and Christopher Heinz, the stepson of former Secretary of State Jon Kerry, oversaw tens of millions of federal security loans in 2009 when Archer and Heinz founded Rosemont TALF, a spinoff firm designed to handle funds from the Federal Reserve’s Term Asset-Backed Securities Loan Facility program.
That program, announced in late 2008 in the depths of the financial crisis, was meant to jumpstart consumer spending amid the cratering economy. Like other firms participating in the initiative, Rosemont TALF was issued securities in order to help facilitate increased consumer credit and by extension consumer spending during the worst of the recession.
Data from the Federal Reserve indicate that Rosemont TALF ultimately obtained around $130 million in loans from that institution.
I wonder how many FOB (friends of Obama) received funding?
Does Biden Have Offshore Bank Accounts?
Self | Oct. 20, 2020 | MrChips / FR Posted by MrChips
Assuming that Joe Biden has been involved in money laundering and monetary gain from influence peddling, as well as treasonous activity in compromising his office with foreign powers, it stands to reason that the money involved has to go somewhere. Yes, this is true for his son, his brother, and others in the Biden crime family, too. But, where does Biden stash his take?
h/t tallguy The British Virgin Islands, right next door to the USVI, are a well known money hiding haven......
I noticed unusual activity at the Divi Carina Hotel, St Croix. Bartender said Farrakhan was in the secure part of the property, “The Bungalows”
and that Joe Biden comes down every year with S/S detail and satellite communication trucks and takes over the Bungalows for a couple of weeks.
REFERENCE Secret Service records show that countries and territories visited by Hunter Biden, between June 2009 and May 2014, included the Virgin Islands and:
Ethiopia and India on June 14-22, 2009 Argentina on September 14-17, 2009 France and Spain on November 9-13, 2009
Canada on February 12-15, 2010 Dominican Republic on February 18-22, 2010 Puerto Rico on March 20-27, 2010 China on April 6-9, 2010 Belgium, Spain, and the United Kingdom on May 5-8, 2010 UK, Egypt, Kenya, South Africa, Ascension Island, U.S. Virgin Islands on June 6-13, 2010
Denmark and South Africa on August 9-24, 2010 Hong Kong, Taiwan and China on April 16-22, 2011 Mexico on May 15-17, 2011
Colombia, France, United Arab Emirates and France again on November 1-11, 2011 UK and Russia on February 15-18, 2012
Germany, France and UK on February 1-5, 2013 UK and Ireland on March 20-22, 2013 China on June 13-15, 2013
Switzerland and Italy on July 26-August 7, 2013 Japan, China, South Korea
the Philippines on December 2-9, 2013 China and Qatar on May 7-14, 2014
The S/S records were also provided, but were not made public, to Senate Finance Committee Chairman Chuck Grassley and Senate Homeland Security and Governmental Affairs Committee Chairman Ron Johnson in a response to a request the senators sent to Secret Service Director James Murray on February, 2020
. In its cover letter to Grassley and Johnson, which was included in the records we received, the Secret Service said that the senators’ request was time and labor intensive, and they could only provide a limited amount of information by the senators’ imposed turnaround time of February 19. Given the Burisma-Ukraine-China influence peddling scandals, Hunter Biden’s extensive international travel during the Obama-Biden presidency, including at least 5 trips to China, will certainly raise additional questions.
According to reports, Vice President Joe Biden and Hunter Biden flew on Air Force Two for the official trip to Beijing in December 2013. The records we obtained show Hunter Biden arrived in Tokyo on December 2, 2013, and departed for Beijing two days later. While it is typical for the families of the president and vice president to travel with them, questions have been raised about whether Hunter Biden used the government trip to further his business interests.
NBC reporter Josh Lederman, who was one of four reporters on the December 2013 trip, noted in an October 2, 2019, report that, “What wasn’t known then was that as he accompanied his father to China, Hunter Biden was forming a Chinese private equity fund that associates said at the time was planning to raise big money, including from China.” His travel is only one of our inquiries.
During the last year and a half of the Obama administration, Hunter Biden served on the board of Ukrainian energy firm Burisma Holdings while his father was heading up Ukraine policy. We are seeking records through six lawsuits and dozens of FOIA requests related to Hunter Biden’s dealings with the Ukrainian Burisma Holdings and the Chinese BHR Partners.
https://www.judicialwatch.org/tom-fittons-weekly-update/biden-scandal-update/
The $787 billion TARP--the Troubled Assets Relief Program---is just the best known program in an array of more than 30 overseen by Treasury Department and Federal Reserve that have paid out or put aside untraceable money to bail out financial firms and inject money into the markets. (To get a sense of the size of the real $14 trillion bailout, see MJ chart at web site).
A guide to the pieces of the puzzle includes massive untraceable Treasury Department bailout programs.
Money Market Mutual Fund: In September 2008, the Treasury controlled by Obama/Emanuel announced that it would insure the holdings of publicly offered money market mutual funds. According to the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), these guarantees could have potentially cost the federal government more than $3 trillion [PDF].
Public-Private Investment Fund: This joint Treasury-Federal Reserve program bought toxic assets from banks and brokerages—as much as $5 billion of assets per firm. According to SIGTARP, the government's potential exposure from the PPIF is between $500 million and $1 trillion [PDF].
TARP: As part of the Troubled Asset Relief Program, the Treasury controlled by Obama/Emanuel made loans to or investments more than 750 banks and financial institutions. $650 billion has been paid out (not including HAMP; see below). As of December 21, 2009, $117.5 billion of that has been repaid.
Government-sponsored enterprise (GSE) stock purchase: The Treasury controlled by Obama/Emanuel bought $200 million in preferred stock from Fannie Mae and another $200 million from Freddie Mac [PDF] to show that they "will remain viable entities critical to the functioning of the housing and mortgage markets."
GSE mortgage-backed securities purchase: Under the Housing and Economic Recovery Act of 2008, the Treasury controlled by Obama/Emanuel may buy mortgage-backed securities from Fannie Mae and Freddie Mac. According to SIGTARP, these purchases could cost as much as $314 billion
---SNIP---LONG READ---go to web site to read more and checkout the shocking financial charts.
SOURCE http://motherjones.com/politics/2009/12/behind-real-size-bailout