Did you know that Bloomberg.com broke a story a few weeks ago, that exposed secret Federal loans that gave banks $13 Billion, all of which was Undisclosed to Congress?
After a Freedom of Information Act (FOIA) lawsuit was filed, roughly 20,000 pages were released. The Black Vault was given permission to publish this data release in its entirety by Bloomberg. Special thanks to Bloomberg.com for exposing this truth - and I invite you all to read their report, and download the archive.
Visit http://www.theblackvault.com/m/articles ... o-Congress
April 9, 2009
April 9, 2009
Just took a very quick glance at JPM's financials................their MRQ---Says that they had 900 billion in cash............and as I've always said....most all of which unfolded in regard to a few big Banks ( not all but the usual suspects ) was a smoke screen to disguise the fact that some of them involved helped to foster a run on a select few which thereby forced some into immediate receivership..........
I'm sure everyone remembers the names. Some of the actual people involved in SOME of what went on are completely mum these days...surely no one has to ask why.
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