tsai3904
08-02-2010, 04:13 PM
http://www.zerohedge.com/article/alan-grayson-discusses-his-expectations-upcoming-one-time-fed-audit
Alan Grayson - "I expect to learn exactly who got what. We have nothing but single line descriptions of hundreds of billions of dollars that have been disseminated by the Fed. We don't even know who got that money. We don't know the terms of that money. We don't know what the Fed got in return. And in particular we don't know why the Fed keeps insisting that none of these deals were deals that exposed it to the risk of loss."
YouTube - Congressman Alan Grayson (http://www.youtube.com/watch?v=lzmZ4tv2NrY&feature=player_embedded)
Alan Grayson - "I expect to learn exactly who got what. We have nothing but single line descriptions of hundreds of billions of dollars that have been disseminated by the Fed. We don't even know who got that money. We don't know the terms of that money. We don't know what the Fed got in return. And in particular we don't know why the Fed keeps insisting that none of these deals were deals that exposed it to the risk of loss."
YouTube - Congressman Alan Grayson (http://www.youtube.com/watch?v=lzmZ4tv2NrY&feature=player_embedded)