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.