Drudge Report - NO JOKE: FOREIGN BANKS TOOK MOST FROM FED; BERNANKE KEPT SECRET

[FrankRep]

NO JOKE: FOREIGN BANKS TOOK MOST FROM FED; BERNANKE KEPT SECRET (http://www.drudgereport.com/)


News link:

Foreign Banks Tapped Fed's Secret Lifeline Most at Crisis Peak
http://www.bloomberg.com/news/2011-04-01/foreign-banks-tapped-fed-s-lifeline-most-as-bernanke-kept-borrowers-secret.html

[Trigonx]

SO the blame is gonna be put on Bernanke, he get pushed outta office, in comes a replacement that speaks and acts like Bernanke.

Or.... Nothing happens and its business as usual.

[FrankRep]

Glenn Beck/The Blaze hatin' on the Fed.


Guess Who Benefited Most from Fed‘s ’Discount’ Loan Program? Foreign Banks
http://www.theblaze.com/stories/guess-who-benefited-most-from-feds-discount-loan-program-foreign-banks/

[RM918]

Yeah, I suspect this will be swept under the rug in favor of Japan/Libya.

[HOLLYWOOD]

Didn't Bernake decline money went to foreign banks... but a loophole of stating the money went to Foreign Central Banks (NS currency Swaps) and I don't know how they loan it out. Additionally, what were the loan collateralized assets if it went to banks?

Well, America's #1 Insider Trader Warren Buffet knew exactly where to put his money in those warrant purchases Goldman and Wells Fargo. Oh, look mommy... Wachovia/First Union (borrowed $29 BILLION) was handed over to Wells Fargo and Goldman has their own private revolving discount gold door to the FED.


http://www.youtube.com/watch?v=SVGNrK4wEho

[Cap]

Has anyone listened to neocon radio today? I wonder if nary a peep was mentioned.