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Reply #25: Bernanke, Paulson, Geithner, Blankfein, GW Bush must be arrested immediately. [View All]

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seafan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-11-10 09:42 PM
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25. Bernanke, Paulson, Geithner, Blankfein, GW Bush must be arrested immediately.
Before they flee. And they are only the first five criminals in this global heist.


All of this explains why these vampires of Wall Street have been arming themselves since last year.



The Wall Street Pentagon Papers: Biggest Scam In World History Exposed - Are The Federal Reserves Crimes Too Big To Comprehend?

By By David DeGraw
AmpedStatus

December 6, 2010


.....

We were finally granted the honor and privilege of finding out the specifics, a limited one-time Federal Reserve view, of a secret taxpayer funded backdoor bailout by a small group of unelected bankers. This data release reveals emergency lending programs that doled out $12.3 TRILLION in taxpayer money - $3.3 trillion in liquidity, $9 trillion in other financial arrangements.

.....

The Federal Reserve was secretly throwing around our money in unprecedented fashion, and it wasnt just to the usual suspects like Goldman Sachs, JP Morgan, Citigroup, Bank of America, etc.; it was to the entire Global Banking Cartel. To central banks throughout the world: Australia, Denmark, Japan, Mexico, Norway, South Korea, Sweden, Switzerland, England To the Feds foreign primary dealers like Credit Suisse (Switzerland), Deutsche Bank (Germany), Royal Bank of Scotland (U.K.), Barclays (U.K.), BNP Paribas (France) All their Ponzi players were gifted. All the Racketeer Influenced and Corrupt Organizations got their cut.

.....

To start with, as always, the US television news media (propaganda) networks just glossed over the whole thing - nothing to see here, just move along, back after a message from our sponsors Other than that obvious reason, Ive come to the realization that the Federal Reserves crimes are so big, so huge in scale, it is very hard for people to even wrap their head around it and comprehend what has happened here.

Think about it. In just this one peek we got at its operations, we learned that the Fed doled out $12.3 trillion in near-zero interest loans, without Congressional input.

.....




From just one of the links in this piece:


FT
December 3, 2010


It took two years, a hard-fought lawsuit, and an act of Congress, but finally on Wednesday, the Federal Reserve disclosed the details of its financial crisis lending programmes. The initial reactions were shock at the breadth of lending, particularly to foreign firms. But the details paint a bleaker, earlier, and even more disturbing picture.

.....

The Fed uploaded to its website several giant spreadsheets giving details on about 21,000 of its recent transactions. This data dump wasnt willing: it was a response to litigation by Bloomberg, and a provision in the Dodd-Frank financial reform law requiring disclosure.

Almost immediately analysts and bloggers sifting through the data honed in on Fed lending to non-US banks, particularly multibillion-dollar loans in October 2008 to Barclays of the UK, UBS of Switzerland, Dexia of Belgium, and several German banks. It didnt take long to spot the $11.5bn loan to Royal Bank of Scotland, on October 9, 2008. It was the largest to date. Then the loans got even bigger.

However, a close examination of the data shows that foreign lending actually began well before the bankruptcy of Lehman Brothers triggered the 2008 crisis. Indeed, as some have argued and these data confirm the crisis began a year earlier, when supposedly safe structured investment vehicles began to collapse during 2007.

The Fed, apparently worried about global ripples, reacted by supporting non-US borrowers with new loans. Its first central bank liquidity swap effectively a $10bn 13-month loan to the European Central Bank was in December 2007. At the same time, the Fed began lending through its Term Auction Facility, with nearly all of the first $20bn going to several non-US banks.

Fed officials have claimed they did not know of the need for large-scale intervention in the financial markets until autumn 2008. Ben Bernanke, Fed chair, also testified that The only way we could have saved Lehman would have been by breaking the law. Yet the Feds new spreadsheets belie these claims. The data show the Fed was lending prolifically abroad in 2007, and then domestically, to investment banks including Lehman in early 2008.

.....





It's time to send the posse for these criminals.






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