Sanders: Fed loaned trillions to financial institutions

by Press Release on December 1, 2010

Fed Disclosure Lifts Veil of Secrecy, Sanders Says

WASHINGTON, Dec. 1 – Calling the revelations “jaw dropping,” Sen. Bernie Sanders (I-Vt.)

“We now know that Fed loaned trillions of dollars at zero or near-zero interest rates not only to the largest financial institutions in this country, but also to many of our largest corporations – including GE, McDonalds and Verizon. Most surprising, the Fed also lent huge sums of money to foreign private banks and corporations” he added.

full article – http://vtdigger.org/2010/12/01/sanders-fed-loaned-trillions-to-financial-institutions/?utm_source=VtDigger+Subscribers&utm_campaign=048eb7ea5a-RSS_EMAIL_CAMPAIGN&utm_medium=email

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s