It’s truly, truly mindboggling, isn’t it?
Rush is struggling to interpret and explain this - he’s dumbfounded. That’s not a slight to Rush- it simply shows how complicated and HUGE this is..
Fed reveals global extent of its backing
European banks took big slice of Fed aid
Fed ID's companies that used crisis aid programs
Fed Opens Books, Revealing European Megabanks Were Biggest Beneficiaries (Details you should see)
** CHECK THE DRUDGE REPORT FOLKS **
UK banks borrowed more than £640bn ($1 trillion) from US Federal Reserve
US Ready to Back Bigger EU Stability Fund: Official(US Bailing Europe Out)
UK banks borrowed more than £640bn ($1 trillion) from US Federal Reserve
Fed Papers Show Breadth of Emergency Measures [bailouts]
Fed Papers Show Breadth of Emergency Measures[Federal Reserve]
Fed aid in financial crisis went beyond U.S. banks to industry, foreign firms
Whack a Mole (Fed bailout post)
Fed aid in financial crisis went beyond U.S. banks to industry, foreign firms
Fed Withholds Collateral Data for $885 Billion in Financial-Crisis Loans