SubscribeElsewhere on The Exxchange: Bailout | Ben Bernanke | Federal Reserve | TARP | Warren Buffett | US Treasury |
More Arrogation Of Power? 
The Market Ticker | by nospam@example.com (Karl Denninger) | Tue, Oct 27
Section 13(3) of The Federal Reserve Act allows The Fed to lend to anyone under "unusual and exigent circumstances." But this was not a loan. It was a pass-through payment to Goldman Sachs and other banks for credit-default swaps that were in fact functionally worthless, as AIG was func...
Try These Related Topics
Try These Related Topics
Related News
Secret Deals Involving No One; AIG Coverup Conspiracy Unravels
Thoughts on Geithner, AIG, the Fed, and Tax Cuts -- By: Larry Kudlow
Financial Terrorism? You Decide
WE THE PEOPLE (Have Had Enough)
After the Bailouts, Washington's the Boss
SC senators split on Bernanke
Top Bloggers
Related Photos
Opinion: Fed Watch: Misguided Policies
15:30 *PAULSON SAYS MARKET TURMOIL WON'T ABATE UNTIL HOUSING REBOUNDS In a similar vein, we are seeing increasing interest in support consumer access to credit. Treasury Secretary Henry Paulson today announced that TARP is no longer about troubled assets:
Thu, Nov 13 | from Economist's View
