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To: volunbeer
If you think I am wrong, why did the Fed give so much of TARP to foreign banks?

The Fed didn't do TARP, that was the Treasury.

What foreign banks got TARP money? You have a list?

35 posted on 01/02/2014 9:48:02 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot

http://www.zerohedge.com/article/meet-35-foreign-banks-got-bailed-out-fed-and-just-cpff-banks

http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program

http://money.cnn.com/news/storysupplement/economy/bailouttracker/

http://www.zerohedge.com/article/exclusive-feds-600-billion-stealth-bailout-foreign-banks-continues-expense-domestic-economy-

That’s a start. Few talk about how European banks ended up a good bit of our toxic mortgage backed securities that destabilized them when the housing market crashed - they were AAA rated by our financial leaders. The affirmative action bubble bonanza was poised to take down lots of banks here and abroad so the banksters that promised them the junk we sold them were good as gold stepped up and found them dollars to cover the losses.


37 posted on 01/02/2014 10:36:41 PM PST by volunbeer
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To: Toddsterpatriot

By the way - the Fed owns the Treasury. They have an incestuous relationship and even though they are two entities on paper it is obvious that the Fed Chairman carries the big stick.


38 posted on 01/02/2014 10:39:55 PM PST by volunbeer
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