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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: volunbeer
That’s a start.

A start to what? TARP was the Treasury, not the Fed.

If you think foreign banks got TARP money, post your proof.

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

Those banks also had plenty of their own, home grown toxic mortgages.

40 posted on 01/03/2014 7:12:49 AM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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