Revealed: 15 AIG bailout counterparties
Donald Kohn, vice chairman of the Federal Reserve, learned this week about blackmail, Senate style, when he refused to disclose the names of financial institutions benefiting from the bailout of American International Group.
Fed Manipulating Market Prices, Gold, Oil and Bonds
Questions Begging Answers - To say that markets have been behaving “strangely” recently is an understatement. In recent weeks and months we’ve been witness to historic lows in sovereign interest rates in-the-face-of record amounts of debt being issued by governments? We’ve seen the price of gold behave counter intuitively by “not rising” in-the-face-of unprecedented systemic [...]
‘Financial 9/11′ struck over $6.9 trillion from US economy during 2008
Government bailouts total over $8.5 trillion, nearing a rivalry with US GDP
2008 is over, and we have survived it. Though for some of us, just barely.
2008 saw the greatest financial losses in generations, as $6.9 trillion poured from investors’ coffers in the worst series of cascading disasters since the Great Depression.
The resulting panic was met [...]