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  • Federal Reserve audit exposes major securities fraud and the embezzlement of $16 trillion.

    09/30/2011 11:19:55 AM PDT · by Lucky9teen · 43 replies
    http://presscore.ca ^ | September 21, 2011
    An audit of the Federal Reserve has revealed that the privately owned Federal Reserve secretly doled out more than $16 trillion in zero interest loans to some of the largest financial institutions and corporations in the United States and throughout the world. The non-partisan, investigative arm of Congress also determined that the Fed acted illegally. In fact, according to the report, the Fed provided conflict of interest waivers to its employees and private contractors so they could keep investments in the same financial institutions and corporations that were given emergency loans. The report is evidence that reveals major securities fraud...