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Re: Our Fed fed Elites
by
cypherdoc
on 22/07/2011, 18:54:27 UTC

Also, do note they are "loans" not "grants." It's a bailout, but it's not a giveaway, and as we already know, has actually ended up being somewhat profitable for the government (repaid interest)


http://www.federalreserve.gov/releases/h41/current/h41.htm#h41tab9

it is a giveaway initially disguised as a loan.  instead we've bought them outright.

that column called "Repurchase agreements" says zero.  this is where "loans" would've gone.