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2016 Postmortem
In reply to the discussion: The Warren Wing -'Sanders' Plan To Reform The Fed Exposes A Democratic Rift On Wall Street' - HuffPo [View all]dreamnightwind
(4,775 posts)41. You were proven wrong then you doubled down rather than apologizing
using Ron Paul spin against Sanders? Isn't that special.
Yes, Sanders "caved" to the Obama administration to limit the scope of the audit to the financial crisis period.
The audit was performed, the first GAO audit in the hostory of the Fed.
http://www.sott.net/article/250592-Audit-of-the-Federal-Reserve-Reveals-16-Trillion-in-Secret-Bailouts
The list of institutions that received the most money from the Federal Reserve can be found on page 131 of the GAO Audit and are as follows..
Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
and many many more including banks in Belgium of all places
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The Warren Wing -'Sanders' Plan To Reform The Fed Exposes A Democratic Rift On Wall Street' - HuffPo [View all]
WillyT
Dec 2015
OP
Every election year, people say this. Every year, they return the same assholes to the legislature.
MADem
Dec 2015
#58
If we have running away inflation, why did the Social Security Benefit check stay the same
DhhD
Dec 2015
#12
The Fed members would say they're preventing inflation before it happens. NT
Eric J in MN
Dec 2015
#21
Kicked and recommended! We must lessen the influence of Wall Street at all levels of government.
Enthusiast
Dec 2015
#15
"“If I were elected president, the foxes would no longer guard the henhouse,” Sanders wrote. " -odd
Amimnoch
Dec 2015
#19