Showing posts with label foreign banks. Show all posts
Showing posts with label foreign banks. Show all posts

Sunday, August 11, 2013

Where The Fed's Excess Reserves Are Going: 51% Foreign Banks; 49% Domestic

This is further evidence the financial elite don't give a damn about the American citizen.  The American public has been duped for 100 years.  The Federal Reserve Bank is not a federal agency.  It is a private corporation with banks as shareholders, both European and U.S.

Any bank bail-outs or bail-ins from the Fed are banks saving themselves from collapse--on the backs of taxpayers and depositors.

http://www.zerohedge.com/news/2013-08-11/where-feds-excess-reserves-are-going-51-foreign-banks-49-domestic

Friday, December 14, 2012

Fed extends aid to foreign banks

This is a much larger form of QE which mostly goes unnoticed by the so-called experts and unreported by the mainstream media.  Kudos to CNN for reporting this.  The tide is changing as the masses are starting to come around on the destruction of all fiat currencies--especially and including the USDollar.  QE is nothing more than perpetual bail outs of an insolvent, over-leveraged global banking system.

http://money.cnn.com/2012/12/13/news/economy/federal-reserve-us-dollar/index.html?source=cnn_bin

Friday, April 1, 2011

Foreign Banks Tapped Fed’s Secret Lifeline Most at Crisis Peak

This news is not news to those with a pulse (or those who read this blog ;-)). 

http://www.bloomberg.com/news/2011-04-01/foreign-banks-tapped-fed-s-lifeline-most-as-bernanke-kept-borrowers-secret.html
Arab Banking Corp., then 29 percent-owned by the Libyan central bank, used its New York branch to get at least 73 loans from the Fed in the 18 months after Lehman Brothers Holdings Inc. collapsed. The largest single loan amount outstanding was $1.2 billion in July 2009, according to the Fed documents.