Federal Reserve’s ‘astounding’ report: We loaned banks trillions

The Federal Reserve offers details on the loans it gave to banks and others at the height of the financial crisis. One program alone doled out nearly $9 trillion.

Mark Trumbull Christian Science Monitor 12/1/2010

The Federal Reserve has lifted its veil of secrecy regarding special lending programs during the financial crisis, responding to a […]

‘Fat-fingered trader mistakes billions for millions’ in sale that caused stock exchange slump

Daily Mail Reporter The Daily Mail [UK] 7 May 2010

A ‘fat-fingered’ Wall Street trader has been blamed for an erroneous transaction – in which he mistook billions for millions – that yesterday caused one of the worst meltdowns in New York Stock Exchange history.

Believed to be a trader for Citigroup, he is said […]

SEC’s probe of Goldman could widen to other banks

Stevenson Jacobs and Daniel Wagner AP Business Writers Breitbart.com 4/19/2010

NEW YORK (AP) – Goldman Sachs stepped up its defense against civil fraud charges Monday, telling clients it did not withhold information in a complex transaction involving risky mortgage securities. But a big question was: Will other big investment banks face similar charges?

In a […]

Government will sell Citi stock, reap bailout profits

Stevenson Jacobs AP Business Writer via Breitbart.com 3/29/2010

NEW YORK (AP) – Bank bailouts are turning out to be great business for the government. Unfortunately for taxpayers, other federal rescues will almost certainly wind up in the red.

The Treasury Department said Monday it will begin selling its stake in Citigroup Inc. at a potential […]

Man who broke the Bank of England, George Soros, ‘at centre of hedge funds plot to cash in on fall of the euro’

Karl West Daily Mail [UK] 27 Feb 2010

A secretive group of Wall Street hedge fund bosses are said to be behind a plot to cash in on the decline of the euro.

Representatives of George Soros’s investment business were among an all-star line up of Wall Street investors at an ‘ideas dinner’ at […]

ACORN’s Corporate Donors Backing Off

By: KEVIN MOONEY Commentary Staff Writer Washington Examiner 09/25/09

Corporations that have given ACORN millions of dollars over the years are now cancelling their donations in the wake of videotape revelations of employees of the infamous community organization giving advice on mortgage fraud, tax evasion, prostitution, and child sex slavery.

Bank of America is […]

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